BOME/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 0.001947000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 0.002029000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 0.001931 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 0.002029000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

0.002029000 – 0.002032000 – 0.002490000 – 0.001947000 – 0.001931000 – 0.002114000 — 55.957164425156 – 52.354462287238

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