And also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish movement down to the next support line at 0.001949000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002101000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 | 0.002490000 |
| 2nd High | 0.002116000 |
| Next High | 0.002101000 |
| Current Price | 0.002041000 |
| Next Low | 0.001949000 |
| 2nd Low | 0.001918000 |
| 3rd Low | 0.001867000 |
0.002101000 – 0.002088000 – 0.002060000 – 0.001949000 – 0.001918000 – 0.001867000 — 54.148675040527 – 51.650535359447
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –