BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 0.001889000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 0.001704000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001954000 |
| Next High | 0.001889000 |
| Current Price | 0.002062000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001699000 |
| 3rd Low | 0.001650000 |
0.001819000 – 0.001889000 – 0.001815000 – 0.001704000 – 0.001773000 – 0.001725000 — 78.708422132641 – 81.812732483239
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –