BOME/USDT – 1H – BUYAnd also a ‘Double bottom chart pattern’ chart formation is existing. The chart shows ‘Double bottom chart pattern’. which is a bullish chart scenario. The pair is likely to go up.
The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.001561000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.001468000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 0.001565000 |
| Next Low | 0.001468000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001561000 – 0.001669000 – 0.001714000 – 0.001468000 – 0.001486000 – 0.001583000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern