BOME/USDT – 4H – SELL

Besides a ‘Double top chart pattern’ chart pattern is discovered. The chart forms ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.

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

A continuation of the downtrend down to the next support line at 0.001900000 will persist.

Caution: A possible change in the direction of the resistance level at 0.002289000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘RSI fall below 30’ indicator signal is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Besides a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002289000 – 0.002593000 – 0.002490000 – 0.001900000 – 0.002096000 – 0.001704000 — 39.668353589557 – 32.638435034471

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern –