BOME/USDT – 1H – BUYFurthermore a ‘Double top retreat up’ chart formation is found. The chart picture shows ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.002129 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002289000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002358000 |
| Next High | 0.002289000 |
| Current Price | 0.002052000 |
| Next Low | 0.002049000 |
| 2nd Low | 0.001939000 |
| 3rd Low | 0.001900000 |
0.002289000 – 0.002117000 – 0.002116000 – 0.002049000 – 0.001939000 – 0.001900000 — 38.694554735101 – 46.077619163354
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up –