BOME/USDT – 30M – SELL

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

A bearish descent downwards to the next support level at 0.00049 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 0.00052 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Next a ‘StochOSC Hidden Bearish Divergence’ indicator layout is found. The indicator is ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart scenario. The currency pair is likely to fall.

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

0.00052 – 0.00051 – 0.00051 – 0.00049 – 0.0005 – 0.00049 —
0.000512000 – 0.000523000 —
61.284690260154 – 66.871063224754 —
– —
0.00052 – 1780209000

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – – –