BOME/USDT – 1H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.006750000 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.006049000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.008282000 |
| 2nd High | 0.006881000 |
| Next High | 0.006750000 |
| Current Price | 0.006404000 |
| Next Low | 0.006049000 |
| 2nd Low | 0.006003000 |
| 3rd Low | 0.005971000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold