BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 0.001982000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002117000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair could go up.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002117000 – 0.002095000 – 0.002116000 – 0.001982000 – 0.001939000 – 0.001994000 — 53.025403985285 – 50.719833205553

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –