The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance line at 0.008454000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.007805000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010076000 |
2nd High | 0.008984000 |
Next High | 0.008454000 |
Current Price | 0.008255000 |
Next Low | 0.007805000 |
2nd Low | 0.007379000 |
3rd Low | 0.006731000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers