BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 0.001964000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.002032000 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.002032000 – 0.002159000 – 0.002266000 – 0.001964000 – 0.001933000 – 0.002099000 — 56.931835077052 – 54.720099159481

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Double bottom retreat down – –