And also a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline down.
A bearish descent downwards to the next support at 0.001756000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.001954000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002250000 |
| 2nd High | 0.002194000 |
| Next High | 0.001954000 |
| Current Price | 0.001784000 |
| Next Low | 0.001756000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.001954000 – 0.002194000 – 0.002250000 – 0.001756000 – 0.001761000 – 0.001825000 — 42.657553686409 – 40.856126178769
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –