BOME/USDT – 4H – SELLAlso there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 0.00075 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.00099 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00103 |
| 2nd High | 0.001 |
| Next High | 0.00099 |
| Current Price | 0.000733000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00099 – 0.001 – 0.00103 – 0.00075 – 0.00079 – 0.00077 — 38.061642366154 – 30.693250588494 — 54.158706682278 – 33.156673034654 – 64.578761568988 – 51.401299617236
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –