BOME/USDT – 1H – SELL

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

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

Caution: A possible reversal of the trend in the direction of the resistance level at 0.0004 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

0.0004 – 0.00041 – 0.00044 – 0.00037 – 0.00038 – 0.00038 —
0.000401000 – 0.000402000 —
64.003730035369 – 52.886904934542 —
– —
0.0004 – 1770818400

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –