BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.001969000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.001867000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. 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 | 0.001995000 |
| 2nd High | 0.001975000 |
| Next High | 0.001969000 |
| Current Price | 0.001950000 |
| Next Low | 0.001867000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001969000 – 0.001975000 – 0.001969000 – 0.001867000 – 0.001834000 – 0.001904000 — 62.929524073149 – 66.38065015556
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –