Besides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
The bearish trend down to the next support at is certain.
Caution: A possible counter-trend in the direction of resistance at 0.00062 is also possible.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Matching Low’ candle pattern is found. The chart forms ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0007 |
| 2nd High | 0.00066 |
| Next High | 0.00062 |
| Current Price | 0.000591000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00062 – 0.00061 – 0.00062 – 0.00058 – 0.00058 – 0.00059 —
0.000615000 – 0.000592000 —
62.779017346897 – 45.893948600091 —
– —
0.00062 – 1778137200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –