Besides a ‘Falling Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Falling Wedge Chart Pattern’. this is a bullish signal. The currency pair is likely to rise.
The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.001646000 is considered certain.
Caution: A possible change in the direction of the support line at 0.001529000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.002074000 |
2nd High | 0.002063000 |
Next High | 0.001646000 |
Current Price | 0.001628000 |
Next Low | 0.001529000 |
2nd Low | 0.001329000 |
3rd Low | 0.001304000 |
0.001646000 – 0.002063000 – 0.002060000 – 0.001529000 – 0.001544000 – 0.001956000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji