BOME/USDT – 1H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.

An ascending movement up to the next resistance level at 0.002116000 is likely expected.

Caution: A possible change in the direction of the support level at 0.001900000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002116000 – 0.002358000 – 0.002593000 – 0.001900000 – 0.002191000 – 0.002243000 — 50.792044919385 – 55.311456289088

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –