BOME/USDT – 1H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

An ascent up to the next resistance at 0.00073 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.00066 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.00071 – 0.00073 – 0.00072 – 0.00066 – 0.00067 – 0.0007 — 67.088729046821 – 68.070358619192 — 100 – 100 – 100 – 100

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom retreat down – –