BOME/USDT – 4H – BUY

Furthermore a ‘Double bottom chart pattern’ chart pattern is found. The chart picture shows ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to go up.

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

An ascent up to the next resistance line at 0.001975000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.001834000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.002156 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.001975000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

0.001975000 – 0.001995000 – 0.002116000 – 0.001834000 – 0.001761000 – 0.001883000 — 57.387460312875 – 63.371371727207

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –