BOME/USDT – 1H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.002031000 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 0.001792000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002031000 – 0.002034000 – 0.001786000 – 0.001792000 – 0.001884000 – 0.001650000 — 39.534687209335 – 52.515401994903

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –