BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002490000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. this is a bullish 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).

0.002490000 – 0.002551000 – 0.002461000 – 0.001931000 – 0.002114000 – 0.002145000 — 41.110767695751 – 40.883154691522

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