BOME/USDT – 1H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance level at 0.010105000 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.009215000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ candle chart pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010141000 |
| 2nd High | 0.010127000 |
| Next High | 0.010105000 |
| Current Price | 0.009880000 |
| Next Low | 0.009215000 |
| 2nd Low | 0.009058000 |
| 3rd Low | 0.008910000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing