Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline down.
A bearish descent down to the next support level at 0.001778000 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.001946000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001946000 |
| Current Price | 0.001762000 |
| Next Low | 0.001778000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.001946000 – 0.002018000 – 0.001608000 – 0.001778000 – 0.001694000 – 0.001514000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – – Symmetrical Triangle Chart Pattern