The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline up.
An ascent upwards to the next resistance line at 0.009217000 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.008311000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010079000 |
2nd High | 0.009764000 |
Next High | 0.009217000 |
Current Price | 0.008427000 |
Next Low | 0.008311000 |
2nd Low | 0.007731000 |
3rd Low | 0.007436000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing