The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.002018000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001704000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002400000 |
| 2nd High | 0.002074000 |
| Next High | 0.002018000 |
| Current Price | 0.002389000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001694000 |
| 3rd Low | 0.001514000 |
0.001946000 – 0.002018000 – 0.001638000 – 0.001704000 – 0.001694000 – 0.001514000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern