BOME/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 0.001933000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 0.002339000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.002339000 – 0.002101000 – 0.001975000 – 0.001933000 – 0.001834000 – 0.001761000 — 44.103950538228 – 42.555520654009

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –