Additionally a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.001900000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 0.002593000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| 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 — 37.853855480264 – 37.173448471225
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Rising Wedge Chart Pattern –