BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.002082000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 0.001950000 is within the realm of possibility.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
And also a ‘Latter Bottom’ chart pattern is discovered. The chart shows ‘Latter Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.001991000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002032000 – 0.002490000 – 0.001950000 – 0.001947000 – 0.001931000 — 41.329501133167 – 47.617776689275
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Latter Bottom – Double top retreat up – –