BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 0.001633000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.001577000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Latter Bottom’ candlestick pattern is discovered. The chart forms ‘Latter Bottom’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001665000 |
| 2nd High | 0.001650000 |
| Next High | 0.001633000 |
| Current Price | 0.001621000 |
| Next Low | 0.001577000 |
| 2nd Low | 0.001571000 |
| 3rd Low | 0.001529000 |
0.001633000 – 0.001650000 – 0.001665000 – 0.001577000 – 0.001571000 – 0.001607000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Latter Bottom