The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.001966000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.001823000 could occur.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Then a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.001966000 |
| Current Price | 0.001912000 |
| Next Low | 0.001823000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.001966000 – 0.002092000 – 0.002289000 – 0.001823000 – 0.001900000 – 0.001947000 — 40.618732384778 – 51.98645311853
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – –