BOME/USDT – 1H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 0.00034 is considered certain.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Last Engulfing Top’ candlestick chart pattern is detected. The chart shows ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

0.00051 – 0.00051 – 0.0005 – 0.00034 – 0.00045 – 0.00046 —
0.000405000 – 0.000442000 —
48.207778768485 – 65.590953405441 —
– —
0.00051 – 1770152400

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Last Engulfing Top – – –