BOME/USDT – 4H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

The bearish trend down to the next support line at 0.001650000 is certain.

Caution: A possible change in the direction of the resistance level at 0.001954000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00165 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 0.001954000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Down’ candle chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.001954000 – 0.002250000 – 0.002034000 – 0.001761000 – 0.001779000 – 0.001650000 — 38.442253363356 – 33.265696044399

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