The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.001977000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.001578000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001977000 |
| Current Price | 0.001815000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001977000 – 0.002018000 – 0.001735000 – 0.001867000 – 0.001909000 – 0.001578000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –