BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline up.
An ascent upwards to the next resistance level at 0.001901000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001761000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001954000 |
| Next High | 0.001901000 |
| Current Price | 0.001805000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001901000 – 0.001954000 – 0.001912000 – 0.001851000 – 0.001881000 – 0.001856000 — 30.593605441207 – 46.629288781992
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double top retreat up – –