BOME/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish movement down to the next support line at 0.001989000 is expected.

Caution: A possible change in the direction of the resistance zone at 0.002066000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.002066000 – 0.002051000 – 0.002200000 – 0.001989000 – 0.001996000 – 0.001933000 — 41.928045180282 – 38.046218701826

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –