The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 0.002074000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.001932000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘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 | 0.002046000 |
| Next Low | 0.001932000 |
| 2nd Low | 0.001780000 |
| 3rd Low | 0.001744000 |
0.002074000 – 0.002001000 – 0.001897000 – 0.001932000 – 0.001939000 – 0.001780000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji