BOME/USDT – 1H – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 0.002066000 will continue.

Caution: A possible trend reversal in the direction of the support line at 0.001989000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.0020665 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.002066000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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).

0.002066000 – 0.002051000 – 0.002200000 – 0.001989000 – 0.001996000 – 0.001933000 — 44.891126090048 – 47.205815407445

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –