The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 0.001799000 will continue.
Caution: A possible reversal of the trend in the direction of support at 0.001703000 could occur.
Consider stop-loss settings accordingly.
Then a ‘RSI cross above 30’ indicator layout is found. The indicator is ‘RSI cross above 30’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001978000 |
| 2nd High | 0.001971000 |
| Next High | 0.001799000 |
| Current Price | 0.001760000 |
| Next Low | 0.001703000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001578000 |
0.001799000 – 0.001971000 – 0.001978000 – 0.001703000 – 0.001712000 – 0.001744000 — 47.572268612616 – 48.428970555634
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –