The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 0.0005 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 0.00045 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Outside Up’ chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00053 |
| 2nd High | 0.00051 |
| Next High | 0.0005 |
| Current Price | 0.000485000 |
| Next Low | 0.00045 |
| 2nd Low | 0.00042 |
| 3rd Low | 0.0004 |
0.00047 – 0.00044 – 0.00044 – 0.00045 – 0.00042 – 0.00043 —
0.000467000 – 0.000478000 —
68.686715966642 – 73.74778105527 —
– —
0.00047 – 1781492400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –