BOME/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.001768000 will persist.

Caution: A possible change in the direction of resistance at 0.001848000 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001848000 – 0.001824000 – 0.001799000 – 0.001768000 – 0.001651000 – 0.001690000 — 47.751888785024 – 44.119212624151

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –