The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance level at 0.000700000 is expected.
Caution: A possible reversal of the trend in the direction of support at 0.00065 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘%K crosses above %D’ indicator layout is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.
Next a ‘Bullish Belt Hold’ candlestick chart pattern is discovered. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00071 |
| Next High | 0.000700000 |
| Current Price | 0.000686000 |
| Next Low | 0.00065 |
| 2nd Low | 0.00062 |
| 3rd Low | 0.00037 |
0.000700000 – 0.00069 – 0.00068 – 0.00065 – 0.00065 – 0.00062 — 50.897185671694 – 52.635438214973 — 22.107171723791 – 36.89625794613 – 24.341056238518 – 27.248984888455
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –