BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance line at 0.001897000 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.001780000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002013000 |
| 2nd High | 0.001963000 |
| Next High | 0.001897000 |
| Current Price | 0.001959000 |
| Next Low | 0.001780000 |
| 2nd Low | 0.001744000 |
| 3rd Low | 0.001694000 |
0.001897000 – 0.001880000 – 0.001822000 – 0.001780000 – 0.001744000 – 0.001770000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold