BOME/USDT – 30M – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.001548000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.001486000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001714000 |
| 2nd High | 0.001669000 |
| Next High | 0.001548000 |
| Current Price | 0.001537000 |
| Next Low | 0.001486000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001548000 – 0.001669000 – 0.001714000 – 0.001486000 – 0.001545000 – 0.001583000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –