Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.001860000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001860000 |
| Current Price | 0.001792000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001860000 – 0.001859000 – 0.001977000 – 0.001761000 – 0.001694000 – 0.001788000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Symmetrical Triangle Chart Pattern