Besides a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support level at 0.002145000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.002551000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002551000 |
| Current Price | 0.002177000 |
| Next Low | 0.002145000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001699000 |
0.002551000 – 0.002461000 – 0.001819000 – 0.002145000 – 0.001704000 – 0.001773000 — 46.198901003622 – 43.709216172603
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Rising Wedge Chart Pattern – –