BOME/USDT – 1H – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.

A bearish movement down to the next support at will persist.

Caution: A possible counter-trend in the direction of resistance at 0.001889000 is also possible.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Matching Low’ candle chart pattern is existing. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.001889000 – 0.001815000 – 0.001838000 – 0.001773000 – 0.001725000 – 0.001699000 — 45.340887866024 – 45.026320583929

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –