Next a ‘Double top retreat up’ chart formation is found. The chart picture shows ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.002593000 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.001704000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going 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 | 0.002102000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.002593000 – 0.002490000 – 0.001946000 – 0.002096000 – 0.001704000 – 0.001694000 — 38.860413141189 – 42.776718214672
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up –