BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 0.001786000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001691000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The 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 | 0.001847000 |
| 2nd High | 0.001808000 |
| Next High | 0.001786000 |
| Current Price | 0.001769000 |
| Next Low | 0.001691000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001578000 |
0.001786000 – 0.001808000 – 0.001847000 – 0.001691000 – 0.001650000 – 0.001721000 — 59.468291073676 – 60.457869995988
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –