BOME/USDT – 30M – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 0.00041 is expected.

Caution: A possible change in the direction of resistance at 0.00045 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Bearish Engulfing’ chart pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

0.00045 – 0.00048 – 0.00049 – 0.00041 – 0.00042 – 0.00034 —
0.000411000 – 0.000419000 —
31.496322665813 – 48.302616902788 —
– —
0.00045 – 1770399000

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