The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance at 0.006662000 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.006178000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 0.006881000 |
2nd High | 0.006750000 |
Next High | 0.006662000 |
Current Price | 0.006652000 |
Next Low | 0.006178000 |
2nd Low | 0.006008000 |
3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up