BOME/USDT – 1H – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 0.00088 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 0.00076 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.

0.00088 – 0.00054 – 0.0006 – 0.00076 – 0.00052 – 0.00053 — 53.502076596046 – 56.466804763033 — 20.556543785397 – 11.101731623459 – 51.986341982048 – 28.220263427807

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – – –