BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 0.001633000 will persist.
Caution: A possible counter-trend in the direction of support at 0.001577000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. 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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.001665000 |
| Next High | 0.001633000 |
| Current Price | 0.001621000 |
| Next Low | 0.001577000 |
| 2nd Low | 0.001571000 |
| 3rd Low | 0.001529000 |
0.001633000 – 0.001665000 – 0.002063000 – 0.001577000 – 0.001571000 – 0.001529000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji