There is also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 0.001773000 will continue.
Caution: A possible change in the direction of the resistance zone at 0.001819000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001889000 |
| 2nd High | 0.001842000 |
| Next High | 0.001819000 |
| Current Price | 0.001775000 |
| Next Low | 0.001773000 |
| 2nd Low | 0.001725000 |
| 3rd Low | 0.001703000 |
0.001819000 – 0.001842000 – 0.001889000 – 0.001773000 – 0.001725000 – 0.001703000 — 47.989110821337 – 41.186160483418
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –