BOME/USDT – 30M – BUYBesides a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 0.001567000 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 0.001521000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001715000 |
| 2nd High | 0.001576000 |
| Next High | 0.001567000 |
| Current Price | 0.001572000 |
| Next Low | 0.001521000 |
| 2nd Low | 0.001370000 |
| 3rd Low | 0.001226000 |
0.001567000 – 0.001436000 – 0.001517000 – 0.001521000 – 0.001370000 – 0.001382000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern