BOME/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards

The bearish trend down to the next support line at 0.001950000 will continue.

Caution: A possible counter-trend in the direction of resistance at 0.002082000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.002082000 – 0.002032000 – 0.002490000 – 0.001950000 – 0.001947000 – 0.001931000 — 52.587509845618 – 46.513495655256

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