BOME/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.00042 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.000442000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.00040888 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 0.000442000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish 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’ going down is 82%.

0.000442000 – 0.00044 – 0.00045 – 0.00042 – 0.00043 – 0.00042 —
0.000442000 – 0.000434000 —
57.0902749052 – 45.114711617895 —
0.000442000 – 1771387200 —
– 1771387200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern – –