BOME/USDT – 4H – SELL

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

A continuation of the bearish trend downwards to the next support line at 0.001761000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.002250000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.002250000 – 0.002034000 – 0.001848000 – 0.001761000 – 0.001779000 – 0.001650000 — 46.300410228681 – 38.703345172843

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –