BOME/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support level at 0.00062 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00064 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 0.00061 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00064 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ going down is 82%.

0.00064 – 0.00062 – 0.00061 – 0.00062 – 0.00058 – 0.00058 —
0.000632000 – 0.000632000 —
59.628538661767 – 52.860343151799 —
– —
0.00064 – 1778265000

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