BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance at 0.002551000 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.002145000 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.002351108 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.002551000 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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).

0.002551000 – 0.002370000 – 0.002461000 – 0.002145000 – 0.002194000 – 0.001704000 — 42.191397496694 – 44.343420375559

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –