BOME/USDT – 4H – BUY

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

An ascent up to the next resistance at 0.002250000 will persist.

Caution: A possible change in the direction of support at 0.001761000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0019695 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.002250000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.002250000 – 0.002034000 – 0.001848000 – 0.001761000 – 0.001779000 – 0.001650000 — 41.648561252074 – 42.865465906771

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