BOME/USDT – 1H – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A descending movement down to the next support level at 0.001950000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 0.002082000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.001977000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002032000 – 0.002490000 – 0.001950000 – 0.001947000 – 0.001931000 — 43.875932790766 – 43.114798104263
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –