The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.002123000 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 0.002052000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002123000 |
| Current Price | 0.002203000 |
| Next Low | 0.002052000 |
| 2nd Low | 0.001981000 |
| 3rd Low | 0.001949000 |
0.002123000 – 0.002123000 – 0.002063000 – 0.002052000 – 0.001981000 – 0.002018000 — 74.498974448483 – 76.634979401735
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –