The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 0.00057 is expected.
Caution: A possible change in the direction of the support line at 0.000426000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00063 |
| 2nd High | 0.00062 |
| Next High | 0.00057 |
| Current Price | 0.000481000 |
| Next Low | 0.000426000 |
| 2nd Low | |
| 3rd Low |
0.00057 – 0.00056 – 0.00062 – 0.000426000 – 0.00052 – 0.00052 —
0.000463000 – 0.000480000 —
13.672148992436 – 36.145043042865 —
0.000426000 – 1769882400 —
0.00057 – 1769799600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –