BOME/USDT – 1H – SELL

Additionally a ‘Double bottom retreat down’ chart layout is found. The chart forms ‘Double bottom retreat down’. which is a bearish signal. The pair is likely to go down.

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

A bearish movement down to the next support level at 0.001768000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001978000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

0.001824000 – 0.001799000 – 0.001799000 – 0.001768000 – 0.001651000 – 0.001690000 — 58.928093283026 – 53.578280570513

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double bottom retreat down – –