The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 0.002194000 will continue.
Caution: A possible trend reversal in the direction of support at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading 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 | 0.001925000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002194000 – 0.002250000 – 0.002031000 – 0.001761000 – 0.001825000 – 0.002097000 — 58.289311645097 – 64.771970953917
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –