There is also a ‘Double top chart pattern’ chart layout is detected. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.001691000 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.001815000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
There is also a ‘Three Inside Down’ candlestick pattern is discovered. The chart shows ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001901000 |
| 2nd High | 0.001838000 |
| Next High | 0.001815000 |
| Current Price | 0.001739000 |
| Next Low | 0.001691000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001578000 |
0.001815000 – 0.001838000 – 0.001901000 – 0.001744000 – 0.001756000 – 0.001851000 — 45.231414897631 – 44.575101478134
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Inside Down – Double top chart pattern – –