BOME/USDT – 4H – SELL

Next a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which could be a negative 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 bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 0.00055 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.00051 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00051 – 0.00062 – 0.00076 – 0.00037 – 0.00034 – 0.00043 —
0.000436000 – 0.000436000 —
70.657499329011 – 51.912755782177 —
– —
0.00051 – 1770105600

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –