BOME/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards

A descent downwards to the next support level at 0.001909000 is expected.

Caution: A possible change in the direction of the resistance zone at 0.002018000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Down’ candle chart pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.002018000 – 0.001735000 – 0.001620000 – 0.001909000 – 0.001578000 – 0.001552000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern