BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.001838000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001756000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001954000 |
| Next High | 0.001838000 |
| Current Price | 0.001745000 |
| Next Low | 0.001756000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.001838000 – 0.001954000 – 0.002194000 – 0.001756000 – 0.001761000 – 0.001825000 — 40.74182061113 – 41.746149958385
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –