BOME/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.

A bearish descent downwards to the next support level at 0.001950000 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.002009000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Three Inside Down’ candlestick chart pattern is found. The candles show ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.002009000 – 0.001786000 – 0.001808000 – 0.001950000 – 0.001739000 – 0.001691000 — 60.076276700208 – 50.437071339636

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –