BOME/USDT – 1H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.002410000 is likely expected.

Caution: A possible change in the direction of the support line at 0.002096000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Moreover a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002410000 – 0.002369000 – 0.002490000 – 0.002096000 – 0.002201000 – 0.002078000

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