BOME/USDT – 1H – SELL

Also there is a ‘Double top chart pattern’ chart layout is found. The formation shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.

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

A bearish descent down to the next support level at 0.001939000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.002289000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. 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 chance of ‘Three Black Crows’ heading down is 82%.

0.002289000 – 0.002117000 – 0.002116000 – 0.002049000 – 0.001939000 – 0.001900000 — 46.403289363653 – 39.391366618041

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern –