The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.00048 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.00034 could happen.
Consider stop-loss settings accordingly.
Then a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.00049 |
| Next High | 0.00048 |
| Current Price | 0.000406000 |
| Next Low | 0.00034 |
| 2nd Low | |
| 3rd Low |
0.00048 – 0.00049 – 0.00051 – 0.00034 – 0.00045 – 0.00046 —
0.000401000 – 0.000393000 —
53.269915148703 – 50.033680944238 —
– —
0.00048 – 1770233400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –