The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline up.
A bullish ascent up to the next resistance at 0.001971000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.001712000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Bullish Engulfing’ chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002092000 |
| 2nd High | 0.001978000 |
| Next High | 0.001971000 |
| Current Price | 0.001782000 |
| Next Low | 0.001712000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001694000 |
0.001971000 – 0.001978000 – 0.001944000 – 0.001712000 – 0.001744000 – 0.001859000 — 31.499441765378 – 50.762061910035
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – –