The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 0.00082 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.00075 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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 | 0.00084 |
| 2nd High | 0.00083 |
| Next High | 0.00082 |
| Current Price | 0.000789000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00082 – 0.00081 – 0.00082 – 0.00075 – 0.00076 – 0.0008 — 47.037809824729 – 48.706719636423 — 51.579333425022 – 67.795821825869 – 32.859100332625 – 50.353717632518
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –