BOME/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

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

Caution: A possible counter-trend in the direction of the resistance level at 0.002031000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Tweezers Top’ candlestick chart pattern is detected. The chart shows ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

0.002031000 – 0.002034000 – 0.001786000 – 0.001884000 – 0.001650000 – 0.001768000 — 48.429443637909 – 41.96824608535

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –