The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.001774000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001971000 |
| 2nd High | 0.001799000 |
| Next High | 0.001774000 |
| Current Price | 0.001774000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001774000 – 0.001799000 – 0.001799000 – 0.001682000 – 0.001651000 – 0.001690000 — 60.189237956308 – 64.18297701875
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –