The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance line at 0.010127000 will persist.
Caution: A possible change in the direction of the support zone at 0.009100000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.010141 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 0.010127000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick pattern is found. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.010537000 |
2nd High | 0.010141000 |
Next High | 0.010127000 |
Current Price | 0.010012000 |
Next Low | 0.009100000 |
2nd Low | 0.009058000 |
3rd Low | 0.008910000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers