The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 0.00072 is certain.
Caution: A possible change in the direction of the support level at 0.00067 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0007128 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.00072 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00087 |
| 2nd High | 0.00073 |
| Next High | 0.00072 |
| Current Price | 0.000693000 |
| Next Low | 0.00067 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00072 – 0.00071 – 0.00073 – 0.00067 – 0.00069 – 0.00069 — 45.265537569116 – 50.95546565766 — 15.868202679953 – 33.321243993109 – 19.033908182321 – 22.207676434182
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –