BOME/USDT – 1H – BUYAnd also a ‘Double top retreat up’ chart formation is found. The formation shows ‘Double top retreat up’. this is a bullish signal. The currency pair is likely to rise.
The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance level at 0.002116000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.001883000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 0.002116000 |
| Current Price | 0.001960000 |
| Next Low | 0.001883000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001699000 |
0.002116000 – 0.002044000 – 0.002082000 – 0.001883000 – 0.001944000 – 0.001950000 — 43.434211557346 – 49.212402630154
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –