BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline up.
An ascending movement up to the next resistance line at 0.006511000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.006123000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.006750000 |
| 2nd High | 0.006549000 |
| Next High | 0.006511000 |
| Current Price | 0.006371000 |
| Next Low | 0.006123000 |
| 2nd Low | 0.006049000 |
| 3rd Low | 0.006003000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold