The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at 0.010127000 is certain.
Caution: A possible reversal of the trend in the direction of the support line at 0.009058000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Bullish Engulfing’ chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010537000 |
2nd High | 0.010141000 |
Next High | 0.010127000 |
Current Price | 0.009653000 |
Next Low | 0.009058000 |
2nd Low | 0.008910000 |
3rd Low | 0.008714000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing