The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline upwards
A bullish ascent up to the next resistance at 0.001954000 will persist.
Caution: A possible change in the direction of the support level at 0.001650000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. 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 | 0.002289000 |
| 2nd High | 0.002250000 |
| Next High | 0.001954000 |
| Current Price | 0.001744000 |
| Next Low | 0.001650000 |
| 2nd Low | 0.001514000 |
| 3rd Low | 0.001468000 |
0.001954000 – 0.002250000 – 0.002034000 – 0.001761000 – 0.001779000 – 0.001650000 — 38.296009031929 – 39.33466119363
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –