The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 0.002194000 will persist.
Caution: A possible counter-trend in the direction of support at 0.001704000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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 | 0.002093000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001699000 |
| 3rd Low | 0.001650000 |
0.001819000 – 0.001889000 – 0.001815000 – 0.001704000 – 0.001773000 – 0.001725000 — 66.318061458446 – 71.711619133465
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –