BOME/USDT – 4H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance level at 0.002034000 is considered certain.
Caution: A possible change in the direction of support at 0.001650000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002289000 |
| Next High | 0.002034000 |
| Current Price | 0.001994000 |
| Next Low | 0.001650000 |
| 2nd Low | 0.001514000 |
| 3rd Low | 0.001468000 |
0.002034000 – 0.001848000 – 0.002289000 – 0.001650000 – 0.001651000 – 0.001900000 — 58.417433642109 – 59.358456337252
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –