The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 0.002297000 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.002076000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. 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 | 0.002818000 |
2nd High | 0.002434000 |
Next High | 0.002297000 |
Current Price | 0.002131000 |
Next Low | 0.002076000 |
2nd Low | 0.002037000 |
3rd Low | 0.002013000 |
Download BOME/USDT Signal Image
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing