BOME/USDT – 1H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline upwards
An ascent up to the next resistance at 0.009764000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.008155000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a positive pattern 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’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.010105000 |
| 2nd High | 0.010079000 |
| Next High | 0.009764000 |
| Current Price | 0.008737000 |
| Next Low | 0.008155000 |
| 2nd Low | 0.006731000 |
| 3rd Low | 0.005957000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing