BOME/USDT – 4H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.001946000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001704000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002074000 |
| 2nd High | 0.002018000 |
| Next High | 0.001946000 |
| Current Price | 0.002381000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.001946000 – 0.002018000 – 0.001638000 – 0.001704000 – 0.001694000 – 0.001514000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –