Besides a ‘Rising Wedge Chart Pattern’ chart formation is found. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 0.001900000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.002593000 could be enabled.
Consider stop-loss settings accordingly.
Besides a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002818000 |
| 2nd High | 0.002794000 |
| Next High | 0.002593000 |
| Current Price | 0.001955000 |
| Next Low | 0.001900000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.002593000 – 0.002490000 – 0.001946000 – 0.001900000 – 0.002096000 – 0.001704000 — 37.760947597681 – 34.146888822832
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –