BOME/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support level at 0.001761000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002194000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Down’ candle pattern is detected. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.002194000 – 0.002250000 – 0.002031000 – 0.001761000 – 0.001825000 – 0.002097000 — 45.807459750194 – 44.072277277904

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –