BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 0.0004 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.00042 could happen.
Consider stop-loss settings accordingly.

And also a ‘Bearish Engulfing’ chart pattern is found. The candles form ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

0.00042 – 0.00042 – 0.00043 – 0.0004 – 0.00041 – 0.0004 —
0.000412000 – 0.000413000 —
46.816008257429 – 47.629902286294 —
– —
0.00042 – 1781010000

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –