BOME/USDT – 1H – SELL

Next a ‘Double top chart pattern’ chart formation is found. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A continuation of the downward movement down to the next support at 0.001704000 is certain.

Caution: A possible change in the direction of resistance at 0.001978000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

0.001978000 – 0.002092000 – 0.002289000 – 0.001801000 – 0.001900000 – 0.001947000 — 29.904176124456 – 28.955122920016

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern –