BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 0.002044000 is considered certain.
Caution: A possible counter-trend in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive 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 | 0.002490000 |
| 2nd High | 0.002082000 |
| Next High | 0.002044000 |
| Current Price | 0.002032000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002044000 – 0.002082000 – 0.002032000 – 0.001950000 – 0.001947000 – 0.001931000 — 54.213089293787 – 56.803633242203
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –