BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.001638000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.001578000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001620000 – 0.001608000 – 0.001580000 – 0.001578000 – 0.001552000 – 0.001528000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –