The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 0.011304000 will continue.
Caution: A possible change in the direction of support at 0.010105000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bullish Engulfing’ candlestick pattern is discovered. The candles form ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 0.012595000 |
Next High | 0.011304000 |
Current Price | 0.010355000 |
Next Low | 0.010105000 |
2nd Low | 0.009296000 |
3rd Low | 0.008500000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing