BOME/USDT – 1H – BUY

Then a ‘Double bottom chart pattern’ chart pattern is detected. The chart picture forms ‘Double bottom chart pattern’. which is a positive signal. The currency pair is likely to rise.

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance at 0.002117000 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 0.002049000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish 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).

0.002117000 – 0.002116000 – 0.002358000 – 0.002049000 – 0.001939000 – 0.001900000 — 48.65197453889 – 63.171978979483

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern –