Sell BOME/USDT – 4H – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

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

The bearish trend down to the next support at 0.001900000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.002593000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish 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%.

Support & Resistance Price Range*
3rd High 0.002818000
2nd High 0.002794000
Next High 0.002593000
Current Price 0.001955000
Next Low 0.001900000
2nd Low 0.001704000
3rd Low 0.001694000

0.002593000 – 0.002490000 – 0.001946000 – 0.001900000 – 0.002096000 – 0.001704000 — 37.760947597681 – 34.146888822832

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