BOME/USDT – 1H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A descending movement downwards to the next support line at 0.001825000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.002194000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.002194000 – 0.002250000 – 0.002031000 – 0.001825000 – 0.002097000 – 0.001779000 — 28.719777468465 – 24.492587166335

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –