There is also a ‘Falling Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Falling Wedge Chart Pattern’. which is a positive chart scenario. The pair is likely to go up.
The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance at 0.001633000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.001577000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.001665000 |
| Next High | 0.001633000 |
| Current Price | 0.001650000 |
| Next Low | 0.001577000 |
| 2nd Low | 0.001571000 |
| 3rd Low | 0.001529000 |
0.001633000 – 0.001665000 – 0.002063000 – 0.001577000 – 0.001571000 – 0.001529000