BOME/USDT – 1H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 0.002358000 will continue.
Caution: A possible change 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.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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 | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002358000 |
| Current Price | 0.002106000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.002358000 – 0.002593000 – 0.002410000 – 0.002191000 – 0.002243000 – 0.002096000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple top chart pattern –