BOME/USDT – 1H – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support at 0.001949000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 0.002088000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Moreover a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.002088000 – 0.002060000 – 0.001964000 – 0.001949000 – 0.001918000 – 0.001867000 — 62.991559688976 – 57.727719819369

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