BOME/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A descending movement downwards to the next support at 0.002233000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 0.002490000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

0.002490000 – 0.002473000 – 0.002355000 – 0.002233000 – 0.002078000 – 0.001717000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern