BOME/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.001756000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.001954000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Tweezers Top’ candlestick pattern is detected. The chart forms ‘Tweezers Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.001954000 – 0.002194000 – 0.002250000 – 0.001756000 – 0.001761000 – 0.001825000 — 45.690036221973 – 42.057219348394

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top – Double top chart pattern – –