The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.006511000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.006123000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Bullish Belt Hold’ chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006750000 |
2nd High | 0.006549000 |
Next High | 0.006511000 |
Current Price | 0.006217000 |
Next Low | 0.006123000 |
2nd Low | 0.006121000 |
3rd Low | 0.006049000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold