BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 0.001977000 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.001778000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Bullish Engulfing’ chart pattern is existing. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

0.001860000 – 0.001859000 – 0.001977000 – 0.001778000 – 0.001761000 – 0.001694000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Bullish Engulfing – Double bottom chart pattern