BOME/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.00041 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 0.00044 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

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

Next a ‘Shooting Star’ candle pattern is discovered. The chart shows ‘Shooting Star’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

0.00044 – 0.00043 – 0.00042 – 0.00041 – 0.0004 – 0.0004 —
0.000410500 – 0.000410300 —
28.328114199063 – 43.978356349215 —
– —
0.00044 – 1782754200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Shooting Star – – –