The pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline up.
An ascending movement up to the next resistance at 0.001978000 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.001704000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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 | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.001978000 |
| Current Price | 0.001790000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.001978000 – 0.002092000 – 0.002289000 – 0.001801000 – 0.001900000 – 0.001947000 — 44.600531639315 – 50.279446728277
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up –