Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A descending movement down to the next support level at 0.001773000 will persist.
Caution: A possible trend reversal in the direction of resistance at 0.001842000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001901000 |
| 2nd High | 0.001889000 |
| Next High | 0.001842000 |
| Current Price | 0.001782000 |
| Next Low | 0.001773000 |
| 2nd Low | 0.001725000 |
| 3rd Low | 0.001703000 |
0.001842000 – 0.001889000 – 0.001815000 – 0.001773000 – 0.001725000 – 0.001703000 — 46.499628286726 – 42.51337950698
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –