BOME/USDT – 1H – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.008835000 will continue.
Caution: A possible counter-trend in the direction of support at 0.008311000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.009473000 |
| 2nd High | 0.009180000 |
| Next High | 0.008835000 |
| Current Price | 0.008885000 |
| Next Low | 0.008311000 |
| 2nd Low | 0.006731000 |
| 3rd Low | 0.005957000 |