The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 0.00044 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.00041 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00047 |
| 2nd High | 0.00046 |
| Next High | 0.00044 |
| Current Price | 0.000435000 |
| Next Low | 0.00041 |
| 2nd Low | 0.00037 |
| 3rd Low | 0.00035 |
0.00044 – 0.00046 – 0.00041 – 0.00041 – 0.00037 – 0.00037 —
0.000434000 – 0.000430000 —
52.968387500886 – 50.380289358025 —
– —
0.00044 – 1773252000
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –