There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support line at 0.00052 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.00056 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
There is also a ‘Three Outside Down’ candle chart pattern is existing. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00066 |
| 2nd High | 0.00057 |
| Next High | 0.00056 |
| Current Price | 0.000540000 |
| Next Low | 0.00052 |
| 2nd Low | 0.00051 |
| 3rd Low | 0.00048 |
0.00056 – 0.00057 – 0.00054 – 0.00052 – 0.00051 – 0.00048 —
0.000538000 – 0.000548000 —
44.93654895084 – 54.834612366384 —
– —
0.00056 – 1777867200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –