BOME/USDT – 1H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline up.

An ascending movement up to the next resistance level at 0.002092000 is certain.

Caution: A possible change in the direction of the support line at 0.001947000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.001983246 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 0.002092000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Tweezers Bottom’ candlestick pattern is discovered. The candles form ‘Tweezers Bottom’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).

0.002092000 – 0.002289000 – 0.002117000 – 0.001947000 – 0.002049000 – 0.001939000 — 30.303749100473 – 37.811105727905

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Bottom – Double top retreat up –