Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support level at is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.002490000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The 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 | 0.002593000 |
| 2nd High | 0.002551000 |
| Next High | 0.002490000 |
| Current Price | 0.002179000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002490000 – 0.002551000 – 0.002461000 – 0.002114000 – 0.002145000 – 0.001704000 — 47.81759777801 – 45.627643832467
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –