Also there is a ‘Triple top chart pattern’ chart formation is found. The chart picture shows ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance at 0.002358000 will continue.
Caution: A possible change in the direction of the support line at 0.001717000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going 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 | 0.002106000 |
| Next Low | 0.001717000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
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 –