BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 0.001860000 will continue.

Caution: A possible trend reversal in the direction of the support zone at 0.001778000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.001948664 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 0.001860000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001860000 – 0.001859000 – 0.001977000 – 0.001778000 – 0.001761000 – 0.001694000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double bottom retreat down