BOME/USDT – 1H – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support line at 0.002201000 is expected.
Caution: A possible counter-trend in the direction of resistance at 0.002490000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | 0.002818000 |
| 2nd High | 0.002794000 |
| Next High | 0.002490000 |
| Current Price | 0.002236000 |
| Next Low | 0.002201000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001704000 |
0.002490000 – 0.002473000 – 0.002355000 – 0.002201000 – 0.002078000 – 0.001704000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern