BOME/USDT – 30M – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline up.
A bullish ascent up to the next resistance at 0.001953000 is likely expected.
Caution: A possible change in the direction of support at 0.001739000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bullish Engulfing’ candlestick chart pattern is found. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002034000 |
| 2nd High | 0.002031000 |
| Next High | 0.001953000 |
| Current Price | 0.001844000 |
| Next Low | 0.001739000 |
| 2nd Low | 0.001691000 |
| 3rd Low | 0.001650000 |
0.001953000 – 0.002031000 – 0.002025000 – 0.001853000 – 0.001884000 – 0.001885000 — 39.302478977693 – 42.516835177711
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – – –