The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance level at 0.0004 will persist.
Caution: A possible counter-trend in the direction of the support zone at 0.00036 could occur.
Consider stop-loss settings accordingly.
There is also a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.
There is also a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00051 |
| 2nd High | 0.00043 |
| Next High | 0.0004 |
| Current Price | 0.000399000 |
| Next Low | 0.00036 |
| 2nd Low | 0.00035 |
| 3rd Low | 0.00034 |
0.0004 – 0.00043 – 0.00051 – 0.00036 – 0.00036 – 0.00036 —
0.000395000 – 0.000369000 —
60.214902607909 – 37.656450058736 —
– —
0.0004 – 1775044800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –