BOME/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.

A descent down to the next support at 0.001996000 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.002200000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Matching Low’ candle pattern is existing. The candles form ‘Matching Low’. which is a bullish signal. 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).

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 – –