BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 0.002358000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.002069000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘RSI cross above 70’ indicator signal is detected. The indicator shows ‘RSI cross above 70’. which could be a positive chart signal. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.002117 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.002358000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.002106000 – 0.002117000 – 0.002095000 – 0.002069000 – 0.002049000 – 0.001982000 — 58.959906757917 – 73.21277635712

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