BOME/USDT – 30M – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline upwards

A bullish ascent upwards to the next resistance level at 0.001808000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.001682000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.0017495 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.001808000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.001808000 – 0.001847000 – 0.001848000 – 0.001721000 – 0.001768000 – 0.001682000 — 31.853862715066 – 40.988580950364

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –