Then a ‘Triple top chart pattern’ chart formation is existing. The chart shows ‘Triple top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.00071 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 0.00077 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Outside Down’ candle pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00078 |
| Next High | 0.00077 |
| Current Price | 0.000728000 |
| Next Low | 0.00071 |
| 2nd Low | 0.00068 |
| 3rd Low | 0.00067 |
0.00077 – 0.00078 – 0.00078 – 0.00074 – 0.00074 – 0.00074 — 41.942169574575 – 38.985826550899 — 75.641587533479 – 70.540540540541 – 54.064605145686 – 66.889862835809
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Triple top chart pattern – –