The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.002490000 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.001931000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. 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 | 0.002593000 |
| 2nd High | 0.002551000 |
| Next High | 0.002490000 |
| Current Price | 0.002011000 |
| Next Low | 0.001931000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002490000 – 0.002289000 – 0.002551000 – 0.001931000 – 0.002114000 – 0.002145000 — 52.929465872291 – 55.720547280839
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –