Furthermore a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.
The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.00056 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.
Furthermore a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.0005307 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 0.00056 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Falling Window’ candlestick pattern is detected. The chart forms ‘Falling Window’. 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 chance of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00058 |
| 2nd High | 0.00057 |
| Next High | 0.00056 |
| Current Price | 0.000539000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00056 – 0.00057 – 0.00053 – 0.00053 – 0.00052 – 0.00053 —
0.000547000 – 0.000552000 —
55.940166834939 – 56.630641899683 —
– —
0.00056 – 1777869000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Falling Window – Symmetrical Triangle Chart Pattern – –