Additionally a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘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) goes from the ascending trendline down.
A descending movement down to the next support line at 0.001950000 is expected.
Caution: A possible change in the direction of the resistance line at 0.002082000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.002006000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002032000 – 0.002490000 – 0.001950000 – 0.001947000 – 0.001931000 — 52.429610218561 – 49.378601243299
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Rising Wedge Chart Pattern – –