The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 0.001786000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 0.001739000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.001847000 |
| 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 – – –