The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 0.002009000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.001950000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. 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’ 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 | 0.002004000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.002009000 – 0.001786000 – 0.001808000 – 0.001950000 – 0.001739000 – 0.001691000 — 57.863458118151 – 63.037633663971
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –