BOME/USDT – 4H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards

The bearish trend down to the next support at 0.00051 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.000620000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

0.000620000 – 0.00057 – 0.00055 – 0.00051 – 0.00048 – 0.00049 —
0.000620000 – 0.000619000 —
68.337192088031 – 62.195329481181 —
0.000620000 – 1778025600 —
– 1778025600

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –