BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.

A bearish movement downwards to the next support level at 0.00046 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00051 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The pair is likely to go down.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Southern Doji’ candlestick chart pattern is existing. The chart forms ‘Southern Doji’. 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 probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.00051 – 0.00051 – 0.0005 – 0.00046 – 0.00047 – 0.00045 —
0.000484000 – 0.000480000 —
50.850048144638 – 42.341482479703 —
– —
0.00051 – 1770152400

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –