BOME/USDT – 1H – SELL

Moreover a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.00058782 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.00064 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Two Crows’ chart pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.00064 – 0.00067 – 0.00069 – 0.00057 – 0.00056 – 0.00058 —
0.000601000 – 0.000629000 —
58.382133151142 – 65.184707157905 —
– —
0.00064 – 1768888800

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –