Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support level at 0.00068 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.0007 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00071 |
| Next High | 0.0007 |
| Current Price | 0.000686000 |
| Next Low | 0.00068 |
| 2nd Low | 0.00065 |
| 3rd Low | 0.00062 |
0.0007 – 0.00069 – 0.00068 – 0.00068 – 0.00065 – 0.00065 — 55.43217435721 – 52.074337568261 — 63.377260516523 – 67.380269358356 – 44.100447945193 – 57.613313469456
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Rising Wedge Chart Pattern – –