The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.007061000 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.006835000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ candlestick chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.008282000 |
2nd High | 0.007099000 |
Next High | 0.007061000 |
Current Price | 0.006837000 |
Next Low | 0.006835000 |
2nd Low | 0.006715000 |
3rd Low | 0.006520000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing