The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.00056 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.0005 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
In addition a ‘Bearish SBS White Lines’ chart pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0007 |
| 2nd High | 0.00066 |
| Next High | 0.00056 |
| Current Price | 0.000521000 |
| Next Low | 0.0005 |
| 2nd Low | 0.00048 |
| 3rd Low | 0.00041 |
0.00056 – 0.00055 – 0.00066 – 0.0005 – 0.00052 – 0.00054 —
0.000539000 – 0.000525000 —
38.301989772792 – 35.035576353438 —
– —
0.00056 – 1777064400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bearish SBS White Lines – – –