The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.002009000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001739000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochRSI cross above 20’ indicator signal is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.002009000 |
| Current Price | 0.001987000 |
| Next Low | 0.001739000 |
| 2nd Low | 0.001691000 |
| 3rd Low | 0.001650000 |
0.002009000 – 0.001786000 – 0.001808000 – 0.001739000 – 0.001691000 – 0.001650000 — 64.755914567332 – 64.755914567332
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –