BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance at 0.002063000 is certain.
Caution: A possible counter-trend in the direction of the support zone at 0.001514000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002400000 |
| 2nd High | 0.002074000 |
| Next High | 0.002063000 |
| Current Price | 0.001893000 |
| Next Low | 0.001514000 |
| 2nd Low | 0.001468000 |
| 3rd Low | 0.001414000 |
0.001608000 – 0.001638000 – 0.001561000 – 0.001514000 – 0.001468000 – 0.001486000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –