Buy BOME/USDT – 1H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance line at 0.001880000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.001780000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.002013000
2nd High 0.001890000
Next High 0.001880000
Current Price 0.001862000
Next Low 0.001780000
2nd Low 0.001744000
3rd Low 0.001694000

0.001880000 – 0.001851000 – 0.001831000 – 0.001780000 – 0.001744000 – 0.001770000

Trading Signals:

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