BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.002370000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.002194000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish 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 | 0.002593000 |
| 2nd High | 0.002461000 |
| Next High | 0.002370000 |
| Current Price | 0.002424000 |
| Next Low | 0.002194000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002370000 – 0.002461000 – 0.001819000 – 0.002194000 – 0.001704000 – 0.001773000 — 59.175968440465 – 71.568094854909
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –