Furthermore a ‘Triple top chart pattern’ chart layout is found. The chart picture shows ‘Triple top chart pattern’. which is a bearish signal. The currency pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline downwards
A bearish trend downwards to the next support at 0.002096000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002358000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. which could be a positive signal. The currency pair is likely to rise.
Furthermore a ‘Three Outside Down’ candlestick chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002358000 |
| Current Price | 0.002182000 |
| Next Low | 0.002096000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002358000 – 0.002329000 – 0.002593000 – 0.002220000 – 0.002191000 – 0.002316000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Triple top chart pattern –