BOME/USDT – 30M – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.

A bullish movement upwards to the next resistance line at 0.001896000 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.001761000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 0.001944924 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.001896000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001896000 – 0.001949000 – 0.001982000 – 0.001761000 – 0.001843000 – 0.001941000 — 59.7938550606 – 61.873554023317

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –