BOME/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 0.002159000 is expected.

Caution: A possible change in the direction of the support level at 0.001964000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.002136 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.002159000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.002032000 – 0.002159000 – 0.002266000 – 0.001964000 – 0.001933000 – 0.002099000 — 62.054228342918 – 62.338958605481

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