And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.000405000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
And also a ‘Bearish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00044 |
| 2nd High | 0.00041 |
| Next High | 0.000405000 |
| Current Price | 0.000388000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.000405000 – 0.0004 – 0.00041 – 0.00037 – 0.00038 – 0.00038 —
0.000405000 – 0.000391000 —
65.667200285714 – 48.867607640881 —
0.000405000 – 1770894000 —
– 1770894000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –