The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.001815000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 0.001699000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001901000 |
| 2nd High | 0.001838000 |
| Next High | 0.001815000 |
| Current Price | 0.001742000 |
| Next Low | 0.001699000 |
| 2nd Low | 0.001691000 |
| 3rd Low | 0.001650000 |
0.001815000 – 0.001838000 – 0.001901000 – 0.001699000 – 0.001744000 – 0.001756000 — 47.278314271143 – 49.919408288926
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –