BOME/USDT – 30M – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A bearish movement downwards to the next support line at 0.001941000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.001991000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Southern Doji’ chart pattern is found. The candles show ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002116000 |
| 2nd High | 0.002038000 |
| Next High | 0.001991000 |
| Current Price | 0.001951000 |
| Next Low | 0.001941000 |
| 2nd Low | 0.001905000 |
| 3rd Low | 0.001883000 |
0.001991000 – 0.001978000 – 0.002038000 – 0.001941000 – 0.001905000 – 0.001883000 — 45.091187129002 – 44.148509146716
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –