BOME/USDT – 4H – SELL

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

A descent down to the next support line at 0.001834000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 0.002339000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Outside Down’ candle pattern is existing. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

0.002339000 – 0.002101000 – 0.001975000 – 0.001834000 – 0.001761000 – 0.001883000 — 40.858153274834 – 35.445250735979

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –