BOME/USDT – 4H – BUYThe currency pair breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 0.009473000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.006731000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.011350000 |
| 2nd High | 0.010280000 |
| Next High | 0.009473000 |
| Current Price | 0.008721000 |
| Next Low | 0.006731000 |
| 2nd Low | 0.005957000 |
| 3rd Low | 0.005677000 |