BOME/USDT – 1H – BUY

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

A bullish movement up to the next resistance at 0.001969000 is likely expected.

Caution: A possible reversal of the trend in the direction of support at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Bullish Engulfing’ chart pattern is found. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

0.001969000 – 0.001975000 – 0.001969000 – 0.001867000 – 0.001834000 – 0.001904000 — 48.721982856003 – 51.131190480674

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – – –