The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline up.
A bullish ascent up to the next resistance level at 0.001808000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.001682000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.0017495 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.001808000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001848000 |
| 2nd High | 0.001847000 |
| Next High | 0.001808000 |
| Current Price | 0.001707000 |
| Next Low | 0.001682000 |
| 2nd Low | 0.001651000 |
| 3rd Low | 0.001578000 |
0.001808000 – 0.001847000 – 0.001848000 – 0.001721000 – 0.001768000 – 0.001682000 — 39.103412392554 – 43.432376881956
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –