BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 0.002370000 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.002243000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002414000 |
| 2nd High | 0.002410000 |
| Next High | 0.002370000 |
| Current Price | 0.002422000 |
| Next Low | 0.002243000 |
| 2nd Low | 0.002096000 |
| 3rd Low | 0.002078000 |
0.002370000 – 0.002410000 – 0.002369000 – 0.002243000 – 0.002096000 – 0.002201000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –