BOME/USDT – 30M – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.001977000 will continue.
Caution: A possible change in the direction of the support line at 0.001578000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Bullish Belt Hold’ chart pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001977000 |
| Current Price | 0.001862000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001977000 – 0.002018000 – 0.001735000 – 0.001867000 – 0.001909000 – 0.001578000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold –