BOME/USDT – 1H – SELL

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

A descent downwards to the next support level at 0.00037 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.00039 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Matching Low’ candlestick pattern is detected. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

0.00039 – 0.00039 – 0.00039 – 0.00037 – 0.00036 – 0.00037 —
0.000384000 – 0.000383000 —
53.731273441048 – 46.116206551425 —
– —
0.00039 – 1774857600

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