Then a ‘Double top chart pattern’ chart formation is discovered. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descending movement down to the next support line at 0.001900000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 0.002289000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
Then a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002289000 |
| Current Price | 0.001882000 |
| Next Low | 0.001900000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.002289000 – 0.002593000 – 0.002490000 – 0.001900000 – 0.002096000 – 0.001704000 — 36.099195955553 – 32.599704861872
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern –