BOME/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at will continue.

Caution: A possible trend reversal in the direction of resistance at 0.00056 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

0.00056 – 0.00062 – 0.00059 – 0.00052 – 0.00052 – 0.00056 —
0.000552000 – 0.000557000 —
50.546986812959 – 53.462434500209 —
– —
0.00056 – 1769734800

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –