Moreover a ‘Triple top chart pattern’ chart formation is detected. The chart picture forms ‘Triple top chart pattern’. this is a bearish chart scenario. The currency pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support line at 0.00037 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.00083 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The pair is likely to go down.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000691000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.00083 – 0.0008 – 0.00082 – 0.00072 – 0.00077 – 0.00075 — 41.109992242582 – 31.952050596186 — 36.371421057402 – 23.864511162433 – 30.315634315673 – 29.972834031197
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple top chart pattern – –