The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.002031000 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.001779000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002092000 |
| 2nd High | 0.002034000 |
| Next High | 0.002031000 |
| Current Price | 0.002174000 |
| Next Low | 0.001779000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.002031000 – 0.002034000 – 0.001786000 – 0.001779000 – 0.001792000 – 0.001884000 — 72.160607478989 – 72.766264016571
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple bottom chart pattern – –