BOME/USDT – 1H – SELL

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

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

A continuation of the bearish trend down to the next support level at 0.001904000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.001969000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 0.001878 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 0.001969000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative 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’ heading down is 82%.

0.001969000 – 0.001949000 – 0.001995000 – 0.001904000 – 0.001813000 – 0.001761000 — 48.010507132323 – 42.101438245777

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