The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance at 0.002473000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.002233000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002818000 |
| 2nd High | 0.002794000 |
| Next High | 0.002473000 |
| Current Price | 0.002363000 |
| Next Low | 0.002233000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002473000 – 0.002355000 – 0.002034000 – 0.002233000 – 0.002078000 – 0.001717000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Triple bottom chart pattern