BOME/USDT – 30M – SELL

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

A descending movement down to the next support level at 0.00042 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 0.00043 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.000415 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00043 should always be considered.
Consider stop-loss settings accordingly.

0.00043 – 0.00043 – 0.00042 – 0.00042 – 0.00041 – 0.0004 —
0.000420200 – 0.000425200 —
49.908657061373 – 58.849122788172 —
– —
0.00043 – 1784122200

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