BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards

A descending movement down to the next support at 0.001779000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002031000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Southern Doji’ candle pattern is detected. The chart forms ‘Southern Doji’. which is a bullish 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).

0.002031000 – 0.002034000 – 0.001786000 – 0.001779000 – 0.001792000 – 0.001884000 — 66.010831219592 – 65.619021437454

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – – –