BOME/USDT – 30M – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 0.002063000 is considered certain.

Caution: A possible change in the direction of the support line at 0.001578000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.001735 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.002063000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001735000 – 0.001620000 – 0.001608000 – 0.001578000 – 0.001552000 – 0.001528000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –