BOME/USDT – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
A descent down to the next support level at 0.002096000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.002410000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002414000 |
| Next High | 0.002410000 |
| Current Price | 0.002287000 |
| Next Low | 0.002096000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002410000 – 0.002369000 – 0.002414000 – 0.002096000 – 0.002201000 – 0.002233000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern