BOME/USDT – 4H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support level at 0.00049 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000551000 could occur.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.000551000 – 0.00054 – 0.00056 – 0.00049 – 0.0005 – 0.00048 —
0.000551000 – 0.000533000 —
56.693502429371 – 55.615664775456 —
0.000551000 – 1777449600 —
– 1777449600

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