The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 0.002044000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at could occur.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002082000 |
| Next High | 0.002044000 |
| Current Price | 0.002003000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002044000 – 0.002082000 – 0.002029000 – 0.001969000 – 0.001950000 – 0.001954000 — 51.978723247386 – 53.360849991495
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –