BOME/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.00067 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.00074 could occur.
Consider stop-loss settings accordingly.

And also a ‘%K fall below 80’ indicator layout is discovered. The indicator is ‘%K fall below 80’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Southern Doji’ candle chart pattern is discovered. The candles show ‘Southern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

0.00074 – 0.00077 – 0.00078 – 0.00071 – 0.00074 – 0.00074 — 18.564338202705 – 18.242379779256 — 21.830846842965 – 0 – 40.523509452254 – 20.616027240684

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – – –