BOME/USDT – 1H – BUYThere is also a ‘Double top retreat up’ chart pattern is detected. The chart picture shows ‘Double top retreat up’. this is a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 0.001564 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.001561000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001714000 |
| 2nd High | 0.001669000 |
| Next High | 0.001561000 |
| Current Price | 0.001500000 |
| Next Low | 0.001486000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001561000 – 0.001669000 – 0.001714000 – 0.001486000 – 0.001583000 – 0.001414000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up