BOME/USDT – 1H – SELL

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

A descending movement downwards to the next support at is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 0.001889000 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Matching Low’ candle chart pattern is existing. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.001889000 – 0.001815000 – 0.001838000 – 0.001773000 – 0.001725000 – 0.001699000 — 42.572331226774 – 41.709936350919

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –