BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance level at 0.002121000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 0.001900000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002358000 |
| Next High | 0.002121000 |
| Current Price | 0.002048000 |
| Next Low | 0.001900000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.002121000 – 0.002358000 – 0.002329000 – 0.001900000 – 0.001984000 – 0.002220000 — 43.500714781837 – 50.641265352635
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – –