BOME/USDT – 4H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

A bullish ascent up to the next resistance level at 0.002289000 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.001699000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.00225 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 0.002289000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001954000 – 0.002250000 – 0.002034000 – 0.001699000 – 0.001761000 – 0.001779000 — 68.187362069711 – 69.653711496197

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –