Then a ‘Double top chart pattern’ chart pattern is found. The chart shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support at 0.001825000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.001918000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Then a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘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 probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002250000 |
| 2nd High | 0.002194000 |
| Next High | 0.001918000 |
| Current Price | 0.001825000 |
| Next Low | 0.001825000 |
| 2nd Low | 0.001779000 |
| 3rd Low | 0.001739000 |
0.001918000 – 0.002194000 – 0.002250000 – 0.001825000 – 0.002097000 – 0.001779000 — 32.866151807486 – 29.343257788441
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Double top chart pattern – –