BOME/USDT – 4H – SELL

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

A descent downwards to the next support level at 0.00044 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.0005 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Falling Window’ candle chart pattern is discovered. The candles show ‘Falling Window’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).

0.0005 – 0.00046 – 0.00044 – 0.00044 – 0.00037 – 0.00035 —
0.000452000 – 0.000505000 —
53.453123621525 – 74.589487326982 —
– —
0.0005 – 1773403200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Falling Window – – –