Sell BOME/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

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

Caution: A possible counter-trend in the direction of the resistance zone at 0.002031000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Tweezers Top’ candlestick pattern is discovered. The candles form ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 0.002092000
2nd High 0.002034000
Next High 0.002031000
Current Price 0.001898000
Next Low
2nd Low
3rd Low

0.002031000 – 0.002034000 – 0.001786000 – 0.001884000 – 0.001650000 – 0.001768000 — 48.429443637909 – 41.96824608535

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