The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline upwards
A bullish ascent up to the next resistance line at 0.001977000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.001578000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002063000 |
| 2nd High | 0.002018000 |
| Next High | 0.001977000 |
| Current Price | 0.001770000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001977000 – 0.002018000 – 0.001735000 – 0.001788000 – 0.001867000 – 0.001909000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –