BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 0.002117000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.001982000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘RSI cross above 70’ indicator layout is discovered. The indicator shows ‘RSI cross above 70’. this is usually a bullish chart signal. The currency pair could go up.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002358000 |
| 2nd High | 0.002121000 |
| Next High | 0.002117000 |
| Current Price | 0.002090000 |
| Next Low | 0.001982000 |
| 2nd Low | 0.001939000 |
| 3rd Low | 0.001900000 |
0.002117000 – 0.002095000 – 0.002116000 – 0.001982000 – 0.001939000 – 0.001994000 — 46.381398289549 – 51.329273541478
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – –