BOME/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.010529 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.011167000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Inverted Hammer’ candle chart pattern is found. The chart shows ‘Inverted Hammer’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.012595000 |
| 2nd High | 0.011250000 |
| Next High | 0.011167000 |
| Current Price | 0.010769000 |
| Next Low | 0.009296000 |
| 2nd Low | 0.008500000 |
| 3rd Low | 0.008155000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Inverted Hammer