BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.001561000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.001486000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency 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 | 0.001515000 |
| Next Low | 0.001486000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001561000 – 0.001548000 – 0.001669000 – 0.001486000 – 0.001545000 – 0.001583000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –