BOME/USDT – 4H – SELL

The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 0.00038 will persist.

Caution: A possible change in the direction of the resistance zone at 0.00047 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Bearish Belt Hold’ candlestick pattern is detected. The candles show ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

0.00047 – 0.00049 – 0.00045 – 0.00038 – 0.00042 – 0.00042 —
0.000401400 – 0.000411700 —
39.112318375437 – 47.293885119274 —
– —
0.00047 – 1782043200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold – – –