The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 0.00051 will continue.
Caution: A possible counter-trend in the direction of the support zone at 0.00037 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.00055 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.00051 could happen.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00076 |
| 2nd High | 0.00062 |
| Next High | 0.00051 |
| Current Price | 0.000456000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00034 |
| 3rd Low |
0.00051 – 0.00062 – 0.00076 – 0.00037 – 0.00034 – 0.00043 —
0.000394000 – 0.000427000 —
47.535810648206 – 66.35136329943 —
– —
0.00051 – 1770105600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –