BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.001977000 is certain.
Caution: A possible change in the direction of the support level at 0.001694000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Belt Hold’ chart pattern is found. The candles form ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001977000 |
| Current Price | 0.001781000 |
| Next Low | 0.001694000 |
| 2nd Low | 0.001578000 |
| 3rd Low | 0.001552000 |
0.001977000 – 0.002018000 – 0.001735000 – 0.001694000 – 0.001788000 – 0.001867000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold –