BOME/USDT – 1H – BUYThe pair breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.008427000 will continue.
Caution: A possible trend reversal in the direction of support at 0.006731000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.009473000 |
| 2nd High | 0.009180000 |
| Next High | 0.008427000 |
| Current Price | 0.008560000 |
| Next Low | 0.006731000 |
| 2nd Low | 0.005957000 |
| 3rd Low | 0.005677000 |