BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.00083 is expected.
Caution: A possible counter-trend in the direction of the support zone at 0.00065 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000687000 |
| Next Low | 0.00065 |
| 2nd Low | 0.00062 |
| 3rd Low | 0.00037 |
0.00083 – 0.0008 – 0.00082 – 0.00065 – 0.00062 – 0.00072 — 52.146926505923 – 52.698733608288 — 56.541431090036 – 58.243662228707 – 71.02660749387 – 61.575171742963
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –