BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.002032000 will continue.
Caution: A possible change in the direction of support at 0.001964000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002266000 |
| 2nd High | 0.002159000 |
| Next High | 0.002032000 |
| Current Price | 0.002029000 |
| Next Low | 0.001964000 |
| 2nd Low | 0.001933000 |
| 3rd Low | 0.001926000 |
0.002032000 – 0.002159000 – 0.002266000 – 0.001964000 – 0.001933000 – 0.002099000 — 53.167715284025 – 62.351831448066
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom retreat down – –