The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 0.002009000 will persist.
Caution: A possible trend reversal in the direction of support at 0.001950000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.002010000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.002009000 – 0.001786000 – 0.001808000 – 0.001950000 – 0.001739000 – 0.001691000 — 67.849936945027 – 69.576954644829
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –