BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline up.

An ascending movement up to the next resistance at 0.001977000 will persist.

Caution: A possible trend reversal in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001977000 – 0.002018000 – 0.001735000 – 0.001867000 – 0.001909000 – 0.001578000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –