BOME/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 0.002248000 will persist.

Caution: A possible trend reversal in the direction of support at 0.002069000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002248000 – 0.002220000 – 0.002106000 – 0.002069000 – 0.002049000 – 0.001982000 — 57.520285768076 – 62.142462584208

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern –