BOME/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

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

Caution: A possible change in the direction of resistance at 0.002339000 could happen.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.002339000 – 0.002323000 – 0.002123000 – 0.002052000 – 0.001981000 – 0.002003000 — 31.71641837972 – 29.740041674018

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