Moreover a ‘Triple top chart pattern’ chart pattern is found. The chart shows ‘Triple top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish trend downwards to the next support at 0.002096000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.002358000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. which could be a positive signal. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002358000 |
| Current Price | 0.002154000 |
| Next Low | 0.002096000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002358000 – 0.002329000 – 0.002593000 – 0.002220000 – 0.002191000 – 0.002316000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple top chart pattern –