BOME/USDT – 1H – BUYBesides a ‘Double top retreat up’ chart pattern is discovered. The chart shows ‘Double top retreat up’. which is a positive signal. The currency pair is likely to rise.
The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.001848000 is likely expected.
Caution: A possible counter-trend in the direction of the support line at 0.001768000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002092000 |
| 2nd High | 0.001978000 |
| Next High | 0.001848000 |
| Current Price | 0.001773000 |
| Next Low | 0.001768000 |
| 2nd Low | 0.001651000 |
| 3rd Low | 0.001514000 |
0.001848000 – 0.001824000 – 0.001799000 – 0.001768000 – 0.001651000 – 0.001690000 — 36.355894473398 – 46.088916377515
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –