BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 0.00054 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.0009 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Bearish Belt Hold’ candle pattern is found. The candles show ‘Bearish Belt Hold’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.0009 – 0.00061 – 0.00055 – 0.00054 – 0.00053 – 0.00048 —
0.000573000 – 0.000602000 —
50.099942652009 – 55.108245063456 —
– —
0.0009 – 1776614400

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold – – –