BOME/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish trend down to the next support at 0.001950000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.002009000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair is likely to fall.

In addition a ‘Three Inside Down’ chart pattern is found. The candles show ‘Three Inside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

0.002009000 – 0.001786000 – 0.001808000 – 0.001950000 – 0.001739000 – 0.001691000 — 60.076276700208 – 50.437071339636

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