In addition a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline down.
A bearish descent downwards to the next support level at 0.001778000 is certain.
Caution: A possible change in the direction of resistance at 0.001946000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001946000 |
| Current Price | 0.001762000 |
| Next Low | 0.001778000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.001946000 – 0.002018000 – 0.001608000 – 0.001778000 – 0.001694000 – 0.001514000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Symmetrical Triangle Chart Pattern