Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support line at 0.00041 is likely expected.
Caution: A possible change in the direction of the resistance level at 0.00043 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00045 |
| 2nd High | 0.00044 |
| Next High | 0.00043 |
| Current Price | 0.000407000 |
| Next Low | 0.00041 |
| 2nd Low | 0.00039 |
| 3rd Low | 0.00038 |
0.00043 – 0.00044 – 0.00041 – 0.00041 – 0.00039 – 0.00038 —
0.000427000 – 0.000420000 —
55.537742668998 – 37.460060113772 —
– —
0.00043 – 1772708400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –