BOME/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

A descent downwards to the next support line at 0.002145000 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 0.002551000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.002551000 – 0.002370000 – 0.002461000 – 0.002145000 – 0.002194000 – 0.001704000 — 41.463814812487 – 37.902174137055

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