And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
The bearish trend downwards to the next support line at is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002031000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.
And also a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The pair is likely to go down.
And also a ‘Tweezers Top’ candlestick pattern is discovered. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002092000 |
| 2nd High | 0.002034000 |
| Next High | 0.002031000 |
| Current Price | 0.001898000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002031000 – 0.002034000 – 0.001786000 – 0.001884000 – 0.001650000 – 0.001768000 — 48.429443637909 – 41.96824608535
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –