BOME/USDT – 30M – SELLThen a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A descending movement downwards to the next support line at 0.001932000 will continue.
Caution: A possible change in the direction of the resistance level at 0.002063000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.001932 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 0.002063000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002400000 |
| 2nd High | 0.002074000 |
| Next High | 0.002063000 |
| Current Price | 0.001951000 |
| Next Low | 0.001932000 |
| 2nd Low | 0.001780000 |
| 3rd Low | 0.001744000 |
0.002063000 – 0.002060000 – 0.002074000 – 0.001956000 – 0.001990000 – 0.001932000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji