BOME/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at is certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.00045 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

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

0.00045 – 0.00051 – 0.00051 – 0.00034 – 0.00045 – 0.00046 —
0.000430000 – 0.000425000 —
49.562271287872 – 51.499251837792 —
– —
0.00045 – 1770397200

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