Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descent downwards to the next support level at 0.002067000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0.002174000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Furthermore a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002266000 |
| 2nd High | 0.002200000 |
| Next High | 0.002174000 |
| Current Price | 0.002070000 |
| Next Low | 0.002067000 |
| 2nd Low | 0.001996000 |
| 3rd Low | 0.001979000 |
0.002174000 – 0.002200000 – 0.002177000 – 0.002067000 – 0.002095000 – 0.001996000 — 34.104588646197 – 32.69087259982
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –