And also a ‘Double top chart pattern’ chart layout is existing. The formation shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 0.001900000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.002092000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002358000 |
| 2nd High | 0.002289000 |
| Next High | 0.002092000 |
| Current Price | 0.001935000 |
| Next Low | 0.001900000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.002092000 – 0.002289000 – 0.002248000 – 0.001947000 – 0.002069000 – 0.002049000 — 37.584052713838 – 33.78363584172
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern –