BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 0.00069 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

0.00069 – 0.00069 – 0.00074 – 0.00064 – 0.00066 – 0.00067 — 44.32012220565 – 43.622942365387 — 42.240937187896 – 26.798391232758 – 36.072505492211 – 37.093421869517

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