Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.001991000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. 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 ‘Matching Low’ candle chart pattern is discovered. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002116000 |
| 2nd High | 0.002038000 |
| Next High | 0.001991000 |
| Current Price | 0.001955000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001991000 – 0.001978000 – 0.002038000 – 0.001946000 – 0.001941000 – 0.001905000 — 44.272543357937 – 43.112200517562
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –