BOME/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at will persist.

Caution: A possible trend reversal in the direction of resistance at 0.00045 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Matching Low’ candle pattern is existing. The chart forms ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.00045 – 0.00048 – 0.00049 – 0.00034 – 0.00045 – 0.00046 —
0.000431000 – 0.000434000 —
50.492871298369 – 50.648752110674 —
– —
0.00045 – 1770399000

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