Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support line at 0.001825000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.002194000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002250000 |
| Next High | 0.002194000 |
| Current Price | 0.001791000 |
| Next Low | 0.001825000 |
| 2nd Low | 0.001779000 |
| 3rd Low | 0.001650000 |
0.002194000 – 0.002250000 – 0.002031000 – 0.001825000 – 0.002097000 – 0.001779000 — 28.719777468465 – 24.492587166335
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –