There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support at 0.001853000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.001953000 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002034000 |
| 2nd High | 0.002031000 |
| Next High | 0.001953000 |
| Current Price | 0.001823000 |
| Next Low | 0.001853000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001953000 – 0.002031000 – 0.002025000 – 0.001853000 – 0.001884000 – 0.001885000 — 32.981525190953 – 26.549299391798
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –