BOME/USDT – 4H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance at 0.011167000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.008910000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.011211096 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.011167000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive 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 White Soldiers’ going up is 82%.

Download BOME/USDT Signal Image

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers