BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance level at 0.001815000 is likely expected.
Caution: A possible change in the direction of the support level at 0.001756000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The 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 | 0.001954000 |
| 2nd High | 0.001838000 |
| Next High | 0.001815000 |
| Current Price | 0.001738000 |
| Next Low | 0.001756000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.001815000 – 0.001838000 – 0.001954000 – 0.001756000 – 0.001761000 – 0.001825000 — 42.249934114534 – 43.266713961311
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –