BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance at 0.001981000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.001949000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002038000 |
| 2nd High | 0.001991000 |
| Next High | 0.001981000 |
| Current Price | 0.001966000 |
| Next Low | 0.001949000 |
| 2nd Low | 0.001946000 |
| 3rd Low | 0.001941000 |
0.001981000 – 0.001991000 – 0.001978000 – 0.001949000 – 0.001946000 – 0.001941000 — 48.757551971194 – 48.757551971194
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom retreat down – –