BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards

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

Caution: A possible trend reversal in the direction of the resistance line at 0.00045 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Two Crows’ candlestick chart pattern is discovered. The candles form ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.00045 – 0.00047 – 0.00041 – 0.00043 – 0.00042 – 0.00039 —
0.000433000 – 0.000438000 —
42.916064710797 – 51.302054530109 —
– —
0.00045 – 1771246800

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –