The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline upwards
An ascent upwards to the next resistance line at 0.001901000 is likely expected.
Caution: A possible change in the direction of support at 0.001761000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency 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 | 0.002194000 |
| 2nd High | 0.001954000 |
| Next High | 0.001901000 |
| Current Price | 0.001811000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001901000 – 0.001954000 – 0.001912000 – 0.001851000 – 0.001881000 – 0.001856000 — 34.895759420066 – 36.648906876474
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –