The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.002339000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001933000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002339000 |
| Current Price | 0.002112000 |
| Next Low | 0.001933000 |
| 2nd Low | 0.001918000 |
| 3rd Low | 0.001867000 |
0.002089000 – 0.002339000 – 0.002323000 – 0.001933000 – 0.002052000 – 0.001981000 — 67.354229942269 – 68.802565427044
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –