BOME/USDT – 30M – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support line at 0.001607000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.001665000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002074000 |
| 2nd High | 0.002063000 |
| Next High | 0.001665000 |
| Current Price | 0.001602000 |
| Next Low | 0.001607000 |
| 2nd Low | 0.001529000 |
| 3rd Low | 0.001329000 |
0.001665000 – 0.001646000 – 0.002063000 – 0.001607000 – 0.001529000 – 0.001544000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Three Black Crows