Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 0.00042 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 0.00044 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.00040888 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.00044 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00047 |
| 2nd High | 0.00045 |
| Next High | 0.00044 |
| Current Price | 0.000417000 |
| Next Low | 0.00042 |
| 2nd Low | 0.00039 |
| 3rd Low | 0.00037 |
0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00043 – 0.00042 —
0.000437000 – 0.000431000 —
52.441139234779 – 40.395860689283 —
– —
0.00044 – 1771387200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –