The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 0.00039 will persist.
Caution: A possible change in the direction of the support level at 0.00037 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Tweezers Bottom’ chart pattern is discovered. The chart forms ‘Tweezers Bottom’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00042 |
| 2nd High | 0.00041 |
| Next High | 0.00039 |
| Current Price | 0.000390000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00035 |
| 3rd Low | 0.00034 |
0.00039 – 0.00039 – 0.00041 – 0.00037 – 0.00037 – 0.00037 —
0.000386000 – 0.000390000 —
54.842882792981 – 69.142333141044 —
– —
0.00039 – 1773001800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Bottom – – –