BOME/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 0.000520000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 0.00054 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

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

Furthermore a ‘Collapsing Doji Star’ chart pattern is discovered. The candles show ‘Collapsing Doji Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).

0.00054 – 0.00054 – 0.00052 – 0.000520000 – 0.00052 – 0.0005 —
0.000524000 – 0.000527000 —
41.215836897244 – 49.245436252973 —
0.000520000 – 1777635000 —
0.00054 – 1777604400

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Collapsing Doji Star – – –