BOME/USDT – 30M – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 0.00071 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.000673000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.000717802 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.00071 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00073 |
| Next High | 0.00071 |
| Current Price | 0.000710000 |
| Next Low | 0.000673000 |
| 2nd Low | |
| 3rd Low |
0.00071 – 0.00071 – 0.00071 – 0.000673000 – 0.00069 – 0.00069 — 57.388502075917 – 62.997403686386 — 93.018483379015 – 93.018483379015 – 90.275107361316 – 91.847736491796
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –