The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.001889000 will continue.
Caution: A possible change in the direction of the support level at 0.001773000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is found. 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 chance 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 | 0.001889000 |
| Current Price | 0.001807000 |
| Next Low | 0.001773000 |
| 2nd Low | 0.001725000 |
| 3rd Low | 0.001699000 |
0.001889000 – 0.001815000 – 0.001838000 – 0.001773000 – 0.001725000 – 0.001699000 — 44.468909969969 – 49.471407250757
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –