The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.002490000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.001931000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 0.001699000 |
0.002490000 – 0.002551000 – 0.002461000 – 0.001931000 – 0.002114000 – 0.002145000 — 44.809671107612 – 46.33445132213
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –