The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.010079000 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.008500000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bullish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010127000 |
2nd High | 0.010105000 |
Next High | 0.010079000 |
Current Price | 0.009939000 |
Next Low | 0.008500000 |
2nd Low | 0.008211000 |
3rd Low | 0.008155000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing