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 combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descent down to the next support level at 0.001941000 will persist.
Caution: A possible change in the direction of the resistance line at 0.001991000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Southern Doji’ candle chart pattern is existing. The candles form ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading 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 – –