BOME/USDT – 4H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.00099 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.00075 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00103 |
| 2nd High | 0.001 |
| Next High | 0.00099 |
| Current Price | 0.000797000 |
| Next Low | 0.00075 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00099 – 0.001 – 0.00103 – 0.00075 – 0.00079 – 0.00077 — 45.432675258974 – 50.274245397009 — 49.131518160819 – 82.464851494153 – 38.380518896562 – 54.760431887163
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –