BOME/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 0.00042 is expected.

Caution: A possible change in the direction of the resistance line at 0.000442000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 – 0.00048 – 0.00051 – 0.00043 – 0.00044 – 0.00044 —
0.000442000 – 0.000432000 —
34.495268827958 – 33.230699937973 —
0.000442000 – 1773889200 —
– 1773889200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –