BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 0.001983000 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.001926000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.001983 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of resistance at 0.001983000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001983000 – 0.001964000 – 0.001905000 – 0.001926000 – 0.001918000 – 0.001921000 — 61.759487768517 – 65.230572159339

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