BOME/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

The bearish trend downwards to the next support at is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.002031000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

0.002031000 – 0.002025000 – 0.002034000 – 0.001884000 – 0.001885000 – 0.001950000 — 26.887311070787 – 23.877494323555

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –