BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.001620000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001578000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. 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 | 0.001669000 |
| 2nd High | 0.001638000 |
| Next High | 0.001620000 |
| Current Price | 0.001626000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001620000 – 0.001608000 – 0.001580000 – 0.001578000 – 0.001552000 – 0.001528000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold –