The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.002355000 will persist.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002400000 |
| Next High | 0.002355000 |
| Current Price | 0.002122000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002355000 – 0.002034000 – 0.001767000 – 0.001717000 – 0.001704000 – 0.001840000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –