Besides a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A descending movement down to the next support at 0.001989000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.002066000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002339000 |
| 2nd High | 0.002200000 |
| Next High | 0.002066000 |
| Current Price | 0.002000000 |
| Next Low | 0.001989000 |
| 2nd Low | 0.001933000 |
| 3rd Low | 0.001918000 |
0.002066000 – 0.002051000 – 0.002200000 – 0.001989000 – 0.001996000 – 0.001933000 — 41.928045180282 – 38.046218701826
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –