BOME/USDT – 1H – SELL

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

A descending movement down to the next support level at 0.001514000 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.002063000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.001608000 – 0.001638000 – 0.001561000 – 0.001514000 – 0.001468000 – 0.001486000

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