BOME/USDT – 30M – BUY

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

An ascent upwards to the next resistance level at 0.001860000 is expected.

Caution: A possible change in the direction of the support level at 0.001761000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish pattern signal. The 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).

0.001860000 – 0.001859000 – 0.001977000 – 0.001761000 – 0.001694000 – 0.001788000

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