BOME/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support line at 0.00064 is certain.

Caution: A possible change in the direction of the resistance line at 0.00076 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K fall below 80’ indicator layout is discovered. The indicator is ‘%K fall below 80’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.00052 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.00076 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. which 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.00076 – 0.00072 – 0.00088 – 0.00064 – 0.00067 – 0.00069 — 26.962466918868 – 25.944124526879 — 15.698176524292 – 0 – 27.367763055083 – 14.100887474194

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – – –