BOME/USDT – 4H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descending movement downwards to the next support level at will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.002200000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Southern Doji’ candlestick pattern is existing. The chart forms ‘Southern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.002200000 – 0.002339000 – 0.002101000 – 0.001989000 – 0.001933000 – 0.001834000 — 42.262431411935 – 41.934746343476

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –