BOME/USDT – 1H – SELLThen a ‘Triple top chart pattern’ chart pattern is detected. The chart picture forms ‘Triple top 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 bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.00037 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00083 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00072 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.00083 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000686000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.00083 – 0.0008 – 0.00082 – 0.00072 – 0.00077 – 0.00075 — 31.989506318577 – 31.140340856113 — 24.118236259404 – 14.010186901946 – 30.301126963055 – 24.962191106631
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Triple top chart pattern – –