BOME/USDT – 4H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance at 0.002034000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.001650000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI cross above 70’ indicator signal is existing. The indicator is ‘RSI cross above 70’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘StochRSI cross above 20’ indicator signal is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002034000 – 0.001848000 – 0.002289000 – 0.001650000 – 0.001651000 – 0.001900000 — 59.259702693868 – 68.88584240018

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –