The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.002034000 is likely expected.
Caution: A possible change in the direction of the support level at 0.001885000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.
Next a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair could go up.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.002034000 |
| Current Price | 0.001938000 |
| Next Low | 0.001885000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.002034000 – 0.002009000 – 0.001786000 – 0.001885000 – 0.001950000 – 0.001739000 — 43.427032867169 – 50.739055337472
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –