The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent up to the next resistance level at 0.00039 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.00037 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Three Outside Up’ candlestick pattern is discovered. The chart shows ‘Three Outside Up’. 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00043 |
| 2nd High | 0.0004 |
| Next High | 0.00039 |
| Current Price | 0.000387000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00035 |
| 3rd Low | 0.00034 |
0.00039 – 0.0004 – 0.0004 – 0.00037 – 0.00038 – 0.00039 —
0.000382000 – 0.000382000 —
50.178261483044 – 45.53867308767 —
– —
0.00039 – 1774645200
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –