There is also a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at is expected.
Caution: A possible change in the direction of the resistance line at 0.002044000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
There is also a ‘Matching Low’ chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002082000 |
| Next High | 0.002044000 |
| Current Price | 0.001985000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002044000 – 0.002082000 – 0.002029000 – 0.001969000 – 0.001950000 – 0.001954000 — 47.353688315741 – 47.023037968617
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –