BOME/USDT – 1H – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support at 0.001996000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.002200000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
In addition a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002339000 |
| Next High | 0.002200000 |
| Current Price | 0.002030000 |
| Next Low | 0.001996000 |
| 2nd Low | 0.001933000 |
| 3rd Low | 0.001918000 |
0.002200000 – 0.002177000 – 0.002089000 – 0.001996000 – 0.001933000 – 0.002052000 — 32.345251227514 – 30.519159693815
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –