BOME/USDT – 1H – BUYThe combination breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.008835000 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.006731000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candle chart pattern is found. 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 success rate of a ‘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 | 0.008757000 |
| Next Low | 0.006731000 |
| 2nd Low | 0.005957000 |
| 3rd Low | 0.005677000 |