The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.00078 is certain.
Caution: A possible change in the direction of the support zone at 0.00062 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00099 |
| 2nd High | 0.00083 |
| Next High | 0.00078 |
| Current Price | 0.000729000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00078 – 0.00083 – 0.00099 – 0.00062 – 0.00075 – 0.00079 — 42.575616979995 – 45.562675336654 — 4.0293215791491 – 12.784272390443 – 1.3431071930497 – 5.6045313231975
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –