BOME/USDT – 1H – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descent downwards to the next support line at 0.002078000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.002490000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002818000 |
| 2nd High | 0.002794000 |
| Next High | 0.002490000 |
| Current Price | 0.002341000 |
| Next Low | 0.002078000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.002490000 – 0.002473000 – 0.002355000 – 0.002078000 – 0.001704000 – 0.001778000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern