BOME/USDT – 1H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance line at 0.002123000 will continue.

Caution: A possible counter-trend in the direction of support at 0.001981000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

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 0.002123 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.002123000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

0.002123000 – 0.002101000 – 0.002088000 – 0.001981000 – 0.002003000 – 0.001949000 — 57.612352581553 – 60.001341042032

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –