Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘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 down.
A bearish trend downwards to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.001912000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001918000 |
| Next High | 0.001912000 |
| Current Price | 0.001884000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001912000 – 0.001881000 – 0.001853000 – 0.001856000 – 0.001813000 – 0.001761000 — 50.106261663119 – 48.062461113473
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –