BOME/USDT – 1H – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards

A bearish trend downwards to the next support at 0.00049 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.00052 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

0.00052 – 0.00051 – 0.00051 – 0.00049 – 0.00048 – 0.00048 —
0.000500000 – 0.000521000 —
42.761633110807 – 61.712480716027 —
– —
0.00052 – 1780207200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –