BOME/USDT – 1H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.

The bullish trend up to the next resistance at 0.001954000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.001756000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

0.001954000 – 0.002194000 – 0.002250000 – 0.001756000 – 0.001761000 – 0.001825000 — 47.109358845909 – 48.552251195216

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