BOME/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance at 0.001977000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.001717000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001767000 – 0.001946000 – 0.001860000 – 0.001717000 – 0.001704000 – 0.001840000

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