Sell BOME/USDT – 1H – SELL

Besides a ‘Double bottom retreat down’ chart pattern is discovered. The formation shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A descending movement downwards to the next support at 0.001944000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.002082000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 0.002551000
2nd High 0.002490000
Next High 0.002082000
Current Price 0.002022000
Next Low 0.001944000
2nd Low 0.001931000
3rd Low 0.001704000

0.002044000 – 0.002082000 – 0.002032000 – 0.001944000 – 0.001950000 – 0.001947000 — 59.684784307232 – 49.107763488149

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