BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 0.011033000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.010152000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.012595000 |
| 2nd High | 0.011304000 |
| Next High | 0.011033000 |
| Current Price | 0.010289000 |
| Next Low | 0.010152000 |
| 2nd Low | 0.010105000 |
| 3rd Low | 0.009803000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing