BOME/USDT – 4H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.001946000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.001694000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.002018 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.001946000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ chart pattern is found. The candles form ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001946000 – 0.002018000 – 0.001638000 – 0.001694000 – 0.001514000 – 0.001468000

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