The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.00038 is likely expected.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00043 |
| 2nd High | 0.0004 |
| Next High | 0.00038 |
| Current Price | 0.000377000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00038 – 0.0004 – 0.00043 – 0.00035 – 0.00037 – 0.00039 —
0.000360000 – 0.000366000 —
44.465758136107 – 56.426452211929 —
– —
0.00038 – 1772240400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –