BOME/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.00047 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 0.00051 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.00045996 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 0.00051 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

0.00051 – 0.0005 – 0.00049 – 0.00047 – 0.00045 – 0.00043 —
0.000498000 – 0.000505000 —
62.291653136608 – 57.690580149506 —
– —
0.00051 – 1770109200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Double top chart pattern – –