BOME/USDT – 1H – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A descending movement downwards to the next support level at 0.001996000 is certain.
Caution: A possible change in the direction of resistance at 0.002200000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002339000 |
| Next High | 0.002200000 |
| Current Price | 0.002050000 |
| Next Low | 0.001996000 |
| 2nd Low | 0.001933000 |
| 3rd Low | 0.001918000 |
0.002200000 – 0.002177000 – 0.002089000 – 0.001996000 – 0.001933000 – 0.002052000 — 32.581228938944 – 32.004439156197
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –