Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline down.
A descent down to the next support level at 0.001874000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.001943000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 0.001867276 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.001943000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001943000 |
| Current Price | 0.001888000 |
| Next Low | 0.001874000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001943000 – 0.001969000 – 0.001906000 – 0.001874000 – 0.001834000 – 0.001870000 — 40.108470240746 – 38.157647570115
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –