BOME/USDT – 1H – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 0.002031000 is likely expected.

Caution: A possible counter-trend in the direction of support at 0.001792000 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Bullish Belt Hold’ chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.002031000 – 0.002034000 – 0.001786000 – 0.001792000 – 0.001884000 – 0.001650000 — 36.327708805829 – 41.919964491018

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –