The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance line at 0.001975000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001834000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.002116000 |
| 2nd High | 0.001995000 |
| Next High | 0.001975000 |
| Current Price | 0.001910000 |
| Next Low | 0.001834000 |
| 2nd Low | 0.001813000 |
| 3rd Low | 0.001761000 |
0.001975000 – 0.001969000 – 0.001949000 – 0.001834000 – 0.001904000 – 0.001813000 — 51.117736878422 – 52.882748520105
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –