BOME/USDT – 30M – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 0.001946000 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 0.001778000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001946000 – 0.001860000 – 0.001859000 – 0.001840000 – 0.001778000 – 0.001761000

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