The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 0.002159000 is certain.
Caution: A possible counter-trend in the direction of support at 0.001981000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002339000 |
| 2nd High | 0.002266000 |
| Next High | 0.002159000 |
| Current Price | 0.001983000 |
| Next Low | 0.001981000 |
| 2nd Low | 0.001949000 |
| 3rd Low | 0.001926000 |
0.002159000 – 0.002266000 – 0.002339000 – 0.002099000 – 0.002104000 – 0.002194000 — 41.909488304363 – 44.567353655669
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –