BOME/USDT – 4H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend up to the next resistance at 0.00044 is considered certain.

Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.00042074 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00044 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. which is a positive pattern 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’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00044 – 0.00041 – 0.00043 – 0.00035 – 0.00037 – 0.0004 —
0.000379000 – 0.000391000 —
37.746868285849 – 46.212669871324 —
– —
0.00044 – 1772640000

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –