The combination BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.002101000 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.001949000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.002101 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.002101000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. this 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002116000 |
| Next High | 0.002101000 |
| Current Price | 0.002070000 |
| Next Low | 0.001949000 |
| 2nd Low | 0.001918000 |
| 3rd Low | 0.001867000 |
0.002101000 – 0.002088000 – 0.002060000 – 0.001949000 – 0.001918000 – 0.001867000 — 58.729182815951 – 62.353320856062
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –