The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 0.002108000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001944000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002108000 |
| Current Price | 0.002035000 |
| Next Low | 0.001944000 |
| 2nd Low | 0.001931000 |
| 3rd Low | 0.001704000 |
0.002108000 – 0.002044000 – 0.002082000 – 0.001944000 – 0.001969000 – 0.001950000 — 48.116565662664 – 48.95382044721
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –