The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.002092000 is certain.
Caution: A possible trend reversal in the direction of the support level at 0.001779000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Northern Doji’ chart pattern is found. The chart forms ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002358000 |
| 2nd High | 0.002289000 |
| Next High | 0.002092000 |
| Current Price | 0.002152000 |
| Next Low | 0.001779000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.002031000 – 0.002034000 – 0.001786000 – 0.001779000 – 0.001792000 – 0.001884000 — 79.067590660907 – 83.794910712041
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –