BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.001608000 will continue.
Caution: A possible change in the direction of support at 0.001552000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001638000 |
| 2nd High | 0.001620000 |
| Next High | 0.001608000 |
| Current Price | 0.001602000 |
| Next Low | 0.001552000 |
| 2nd Low | 0.001528000 |
| 3rd Low | 0.001514000 |
0.001608000 – 0.001580000 – 0.001620000 – 0.001552000 – 0.001528000 – 0.001514000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –