The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 0.002370000 will persist.
Caution: A possible change in the direction of the support level at 0.002096000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. 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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002414000 |
| 2nd High | 0.002410000 |
| Next High | 0.002370000 |
| Current Price | 0.002358000 |
| Next Low | 0.002096000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002370000 – 0.002410000 – 0.002369000 – 0.002096000 – 0.002201000 – 0.002233000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold –