BOME/USDT – 1H – SELL

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 0.00042 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.00048 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Bearish Engulfing’ chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.00048 – 0.00051 – 0.00045 – 0.00043 – 0.00044 – 0.00044 —
0.000438000 – 0.000436000 —
27.879985027742 – 30.300312386622 —
– —
0.00048 – 1773802800

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – – –