The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 0.00044 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.00035 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.00047 |
| Next High | 0.00044 |
| Current Price | 0.000398000 |
| Next Low | 0.00035 |
| 2nd Low | 0.00034 |
| 3rd Low |
0.00044 – 0.00041 – 0.00043 – 0.00035 – 0.00037 – 0.0004 —
0.000383000 – 0.000397000 —
35.164857522859 – 47.586554669359 —
– —
0.00044 – 1772640000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –