The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.002194000 is likely expected.
Caution: A possible trend reversal in the direction of support at 0.001761000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002250000 |
| Next High | 0.002194000 |
| Current Price | 0.001870000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.002194000 – 0.002250000 – 0.002031000 – 0.001761000 – 0.001825000 – 0.002097000 — 55.171509615085 – 57.545816157339
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern – –