BOME/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards

A descent down to the next support line at 0.002243000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 0.002410000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002410000 – 0.002369000 – 0.002490000 – 0.002243000 – 0.002096000 – 0.002201000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern