The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 0.002551000 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.002145000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002551000 |
| Current Price | 0.002185000 |
| Next Low | 0.002145000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002551000 – 0.002370000 – 0.002461000 – 0.002145000 – 0.002194000 – 0.001704000 — 40.012384695161 – 41.99845728889
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –