BOME/USDT – 1H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A bearish trend downwards to the next support level at 0.001761000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.002194000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The chart forms ‘Three Outside Down’. this 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 ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.002194000 – 0.002250000 – 0.002031000 – 0.001761000 – 0.001825000 – 0.002097000 — 45.807459750194 – 44.072277277904

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –