The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance level at 0.001991000 will continue.
Caution: A possible change in the direction of the support zone at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | 0.002116000 |
| 2nd High | 0.002038000 |
| Next High | 0.001991000 |
| Current Price | 0.001977000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001991000 – 0.001978000 – 0.002038000 – 0.001946000 – 0.001941000 – 0.001905000 — 59.438058882344 – 59.947601020189
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –