Sell BOME/USDT – 1H – SELL

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

A descent downwards to the next support line at 0.001651000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.001978000 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI cross above 20’ indicator signal is detected. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair is likely to rise.

Support & Resistance Price Range*
3rd High 0.002289000
2nd High 0.002092000
Next High 0.001978000
Current Price 0.001816000
Next Low 0.001651000
2nd Low 0.001514000
3rd Low 0.001468000

0.001824000 – 0.001799000 – 0.001799000 – 0.001651000 – 0.001690000 – 0.001801000 — 61.661987105021 – 58.396245569936

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