Sell BOME/USDT – 1H – SELL

Moreover a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support line at is expected.

Caution: A possible trend reversal in the direction of resistance at 0.002194000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. 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%.

Support & Resistance Price Range*
3rd High 0.002289000
2nd High 0.002250000
Next High 0.002194000
Current Price 0.001866000
Next Low
2nd Low
3rd Low

0.002194000 – 0.002250000 – 0.002031000 – 0.001761000 – 0.001825000 – 0.002097000 — 47.005168883638 – 44.17405833805

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