Moreover a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support at is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001860000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001860000 |
| Current Price | 0.001792000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001860000 – 0.001859000 – 0.001977000 – 0.001761000 – 0.001694000 – 0.001788000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Symmetrical Triangle Chart Pattern