BOME/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance level at 0.00075 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candle chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.00075 – 0.00078 – 0.00083 – 0.00062 – 0.00062 – 0.00075 — 50.869096907343 – 47.468014179069 — 59.402155712149 – 30.019237853547 – 79.98483796619 – 59.804214716578

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Double bottom chart pattern – –