BOME/USDT – 4H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.00083 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.00062 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. 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 | 0.001 |
| 2nd High | 0.00099 |
| Next High | 0.00083 |
| Current Price | 0.000701000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00083 – 0.00099 – 0.001 – 0.00062 – 0.00075 – 0.00079 — 46.147251167963 – 47.273545469374 — 84.416781927155 – 84.416781927155 – 89.347731296123 – 84.416781927155
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –