BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement up to the next resistance line at 0.001786000 is certain.
Caution: A possible trend reversal in the direction of support at 0.001739000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading 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 | 0.001772000 |
| Next Low | 0.001739000 |
| 2nd Low | 0.001691000 |
| 3rd Low | 0.001650000 |
0.001786000 – 0.001808000 – 0.001847000 – 0.001739000 – 0.001691000 – 0.001650000 — 57.110173300216 – 58.726145189165
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –