BOME/USDT – 1H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support level at 0.001801000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.001978000 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair could go down.

Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001978000 – 0.002092000 – 0.002289000 – 0.001801000 – 0.001900000 – 0.001947000 — 30.852629411817 – 29.376855874754

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple top chart pattern –