The combination BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 0.011033000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.009803000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Bullish Engulfing’ chart pattern is found. The candles show ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.012595000 |
2nd High | 0.011304000 |
Next High | 0.011033000 |
Current Price | 0.010403000 |
Next Low | 0.009803000 |
2nd Low | 0.009296000 |
3rd Low | 0.008500000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing