The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 0.002116000 is considered certain.
Caution: A possible change in the direction of the support line at 0.001883000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Separating Lines’ chart pattern is detected. The candles form ‘Bullish Separating Lines’. 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 chance of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002116000 |
| Current Price | 0.001973000 |
| Next Low | 0.001883000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001699000 |
0.002116000 – 0.002044000 – 0.002082000 – 0.001883000 – 0.001944000 – 0.001950000 — 50.00301075573 – 52.309849038705
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Separating Lines – – –