BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.002013000 will persist.
Caution: A possible change in the direction of support at 0.001780000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002400000 |
| 2nd High | 0.002047000 |
| Next High | 0.002013000 |
| Current Price | 0.002011000 |
| 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: FOREX – BOME – BOME/USDT – USDT – Northern Doji