BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline upwards

A bullish movement up to the next resistance line at 0.002369000 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 0.002096000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

And also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive 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).

0.002369000 – 0.002414000 – 0.002490000 – 0.002096000 – 0.002201000 – 0.002233000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –