The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance level at 0.002551000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 0.002194000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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 | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002551000 |
| Current Price | 0.002216000 |
| Next Low | 0.002194000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002551000 – 0.002370000 – 0.002461000 – 0.002194000 – 0.001704000 – 0.001773000 — 41.421532354594 – 44.728545825015
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –