BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 0.001963000 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 0.001780000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001897000 – 0.001880000 – 0.001822000 – 0.001780000 – 0.001744000 – 0.001770000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji