The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance at 0.001786000 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.001739000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 – – –