BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.002593000 is likely expected.
Caution: A possible change in the direction of support at 0.002191000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002818000 |
| 2nd High | 0.002794000 |
| Next High | 0.002593000 |
| Current Price | 0.002302000 |
| Next Low | 0.002191000 |
| 2nd Low | 0.002096000 |
| 3rd Low | 0.002078000 |
0.002593000 – 0.002410000 – 0.002369000 – 0.002191000 – 0.002243000 – 0.002096000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –