The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.001943000 is likely expected.
Caution: A possible change in the direction of the support zone at 0.001874000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ candle pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001943000 |
| Current Price | 0.001896000 |
| Next Low | 0.001874000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001943000 – 0.001969000 – 0.001906000 – 0.001874000 – 0.001834000 – 0.001870000 — 39.218884895372 – 50.597096686344
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double top retreat up – –