BOME/USDT – 30M – BUYFurthermore a ‘Falling Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Falling Wedge Chart Pattern’. this is a bullish signal. The currency pair is likely to rise.
The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance level at 0.001714000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.001668000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002074000 |
| 2nd High | 0.002063000 |
| Next High | 0.001714000 |
| Current Price | 0.001708000 |
| Next Low | 0.001668000 |
| 2nd Low | 0.001572000 |
| 3rd Low | 0.001571000 |
0.001714000 – 0.001631000 – 0.001633000 – 0.001668000 – 0.001572000 – 0.001577000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji