BOME/USDT – 4H – SELL

Next a ‘Double top chart pattern’ chart layout is found. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support level at 0.001779000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.002250000 could occur.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

Next a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.002250000 – 0.002034000 – 0.001848000 – 0.001779000 – 0.001650000 – 0.001651000 — 35.910452688117 – 35.01075821245

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