BOME/USDT – 4H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 0.001779000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002034000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.002034000 – 0.001848000 – 0.002289000 – 0.001779000 – 0.001650000 – 0.001651000 — 44.751993455106 – 41.313789052489

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –