BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 0.002074000 is expected.
Caution: A possible change in the direction of the support line at 0.001932000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002400000 |
| Next High | 0.002074000 |
| Current Price | 0.002057000 |
| Next Low | 0.001932000 |
| 2nd Low | 0.001780000 |
| 3rd Low | 0.001744000 |
0.002074000 – 0.001880000 – 0.001851000 – 0.001932000 – 0.001780000 – 0.001744000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji