The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance at 0.001842000 is certain.
Caution: A possible counter-trend in the direction of support at 0.001773000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Belt Hold’ chart pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001901000 |
| 2nd High | 0.001889000 |
| Next High | 0.001842000 |
| Current Price | 0.001802000 |
| Next Low | 0.001773000 |
| 2nd Low | 0.001725000 |
| 3rd Low | 0.001703000 |
0.001842000 – 0.001889000 – 0.001815000 – 0.001773000 – 0.001725000 – 0.001703000 — 43.668018401968 – 48.949417981247
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –