BOME/USDT – 1H – SELLFurthermore a ‘Double top retreat up’ chart layout is detected. The formation shows ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
The combination BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 0.00058 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 0.00064 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Bullish Belt Hold’ chart pattern is detected. The candles show ‘Bullish Belt Hold’. this 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 ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00069 |
| 2nd High | 0.00067 |
| Next High | 0.00064 |
| Current Price | 0.000581000 |
| Next Low | 0.00058 |
| 2nd Low | 0.00057 |
| 3rd Low | 0.00052 |
0.00064 – 0.00067 – 0.00069 – 0.00058 – 0.00057 – 0.00064 —
0.000592000 – 0.000573000 —
41.31970841038 – 36.579531145453 —
– —
0.00064 – 1768888800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double top retreat up – –