BOME/USDT – 30M – SELL

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support line at 0.00094 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.00099 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

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

Also there is a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. 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).

0.00099 – 0.00098 – 0.00097 – 0.00094 – 0.00094 – 0.00089 — 54.780550776544 – 47.684950287497 — 97.567733990148 – 84.842315115268 – 79.774220032841 – 88.685807282539

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