And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A descending movement down to the next support level at 0.001853000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 0.002031000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart scenario. The currency pair could go down.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.001895716 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.002031000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Falling Window’ candlestick chart pattern is existing. The candles show ‘Falling Window’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002092000 |
| 2nd High | 0.002034000 |
| Next High | 0.002031000 |
| Current Price | 0.001898000 |
| Next Low | 0.001853000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.002031000 – 0.002025000 – 0.002034000 – 0.001853000 – 0.001884000 – 0.001885000 — 47.12616509674 – 42.218021109454
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Falling Window – Rising Wedge Chart Pattern – –