BOME/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 0.002069000 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 0.002248000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002248000 – 0.002220000 – 0.002106000 – 0.002069000 – 0.002049000 – 0.001982000 — 64.222108238638 – 56.178252187617

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