Besides a ‘Symmetrical Triangle Chart Pattern’ chart layout is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support at will continue.
Caution: A possible trend reversal in the direction of resistance at 0.002194000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Three Black Crows’ candlestick pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 0.001866000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002194000 – 0.002250000 – 0.002031000 – 0.001761000 – 0.001825000 – 0.002097000 — 47.005168883638 – 44.17405833805
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –