There is also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. 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) goes from the bullish trendline downwards
A bearish trend downwards to the next support line at 0.001950000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002082000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.002006000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002032000 – 0.002490000 – 0.001950000 – 0.001947000 – 0.001931000 — 52.429610218561 – 49.378601243299
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Rising Wedge Chart Pattern – –