BOME/USDT – 4H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 0.001954000 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.001761000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle 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’ going 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 | 0.001786000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.001954000 – 0.002250000 – 0.002034000 – 0.001761000 – 0.001779000 – 0.001650000 — 42.799416330543 – 46.241228686803
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –