BOME/USDT – 30M – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 0.001946000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.001840000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. 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 | 0.002018000 |
| 2nd High | 0.001977000 |
| Next High | 0.001946000 |
| Current Price | 0.001792000 |
| Next Low | 0.001840000 |
| 2nd Low | 0.001778000 |
| 3rd Low | 0.001761000 |
0.001946000 – 0.001860000 – 0.001859000 – 0.001840000 – 0.001778000 – 0.001761000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –