There is also a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support line at will continue.
Caution: A possible change in the direction of the resistance line at 0.001912000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
There is also a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative 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 – –