Besides a ‘Double top chart pattern’ chart pattern is existing. The chart forms ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
A bearish movement down to the next support line at 0.00065 will continue.
Caution: A possible change in the direction of the resistance zone at 0.00069 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.00071 |
| 2nd High | 0.0007 |
| Next High | 0.00069 |
| Current Price | 0.000679000 |
| Next Low | 0.00065 |
| 2nd Low | 0.00062 |
| 3rd Low | 0.00037 |
0.00069 – 0.0007 – 0.00069 – 0.00068 – 0.00065 – 0.00065 — 48.527126585289 – 45.957862470684 — 47.772232712886 – 30.271558313101 – 55.619248868507 – 45.865179989809
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern – –