The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.002082000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.001954000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Also there is a ‘Bullish Belt Hold’ candle chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.001985000 |
| Next Low | 0.001954000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002029000 – 0.002032000 – 0.001954000 – 0.001947000 – 0.001931000 — 39.352364579743 – 45.467794010853
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –