BOME/USDT – 4H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support line at 0.00051 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.00062 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00062 – 0.00057 – 0.00055 – 0.00051 – 0.00048 – 0.00049 —
0.000608000 – 0.000613000 —
56.497833253863 – 55.680182953802 —
– —
0.00062 – 1778025600

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