The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 0.00046 is considered certain.
Caution: A possible counter-trend in the direction of support at 0.00042 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00048 |
| 2nd High | 0.00047 |
| Next High | 0.00046 |
| Current Price | 0.000436000 |
| Next Low | 0.00042 |
| 2nd Low | 0.0004 |
| 3rd Low | 0.00039 |
0.00046 – 0.00047 – 0.00048 – 0.00042 – 0.00042 – 0.00044 —
0.000434000 – 0.000435000 —
46.040274900838 – 44.50143829487 —
– —
0.00046 – 1781830800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –