BOME/USDT – 30M – BUY

Furthermore a ‘Falling Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to go up.

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.

An ascending movement up to the next resistance line at 0.001714000 is certain.

Caution: A possible trend reversal in the direction of the support zone at 0.001572000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0016425 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.001714000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.001714000 – 0.001631000 – 0.001633000 – 0.001668000 – 0.001572000 – 0.001577000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Belt Hold