Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support at is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.002339000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002339000 |
| Current Price | 0.002142000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002339000 – 0.002323000 – 0.002123000 – 0.002052000 – 0.001981000 – 0.002003000 — 31.71641837972 – 29.740041674018
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –