BOME/USDT – 4H – SELL

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.

A bearish descent down to the next support line at 0.00042 will persist.

Caution: A possible change in the direction of the resistance level at 0.00049 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.00039 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 0.00049 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

0.00049 – 0.00045 – 0.00053 – 0.00042 – 0.0004 – 0.00039 —
0.000473000 – 0.000448000 —
47.439359161951 – 49.212024928033 —
– —
0.00049 – 1781539200

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