BOME/USDT – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support at 0.001650000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.001954000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.00165 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.001954000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘Three Outside Down’. which is a negative chart scenario. 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 Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.001954000 – 0.002250000 – 0.002034000 – 0.001761000 – 0.001779000 – 0.001650000 — 38.442253363356 – 33.265696044399

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –