BOME/USDT – 4H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 0.001714000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.001468000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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 | 0.002074000 |
| 2nd High | 0.001715000 |
| Next High | 0.001714000 |
| Current Price | 0.001558000 |
| Next Low | 0.001468000 |
| 2nd Low | 0.001414000 |
| 3rd Low | 0.001370000 |
0.001714000 – 0.001661000 – 0.001537000 – 0.001468000 – 0.001414000 – 0.001370000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern