Moreover a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative 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 movement down to the next support level at 0.001721000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.001808000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001848000 |
| 2nd High | 0.001847000 |
| Next High | 0.001808000 |
| Current Price | 0.001719000 |
| Next Low | 0.001721000 |
| 2nd Low | 0.001682000 |
| 3rd Low | 0.001651000 |
0.001808000 – 0.001847000 – 0.001848000 – 0.001721000 – 0.001768000 – 0.001682000 — 39.896771991188 – 36.39100540717
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Symmetrical Triangle Chart Pattern – –