BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 0.002063000 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.001578000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles show ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002400000 |
| 2nd High | 0.002074000 |
| Next High | 0.002063000 |
| Current Price | 0.001800000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001735000 – 0.001620000 – 0.001608000 – 0.001578000 – 0.001552000 – 0.001528000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold –