The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.0007 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 0.00068 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair could go up.
Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish pattern 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 | 0.00079 |
| 2nd High | 0.00071 |
| Next High | 0.0007 |
| Current Price | 0.000688000 |
| Next Low | 0.00068 |
| 2nd Low | 0.00065 |
| 3rd Low | 0.00062 |
0.0007 – 0.00069 – 0.00068 – 0.00068 – 0.00065 – 0.00065 — 46.736237382729 – 53.795130274376 — 9.1430612290453 – 34.161476818679 – 27.539168849384 – 23.857861264166
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –