The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 0.002369000 is certain.
Caution: A possible counter-trend in the direction of the support line at 0.002201000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish chart scenario. The 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 | 0.002490000 |
| 2nd High | 0.002414000 |
| Next High | 0.002369000 |
| Current Price | 0.002264000 |
| Next Low | 0.002201000 |
| 2nd Low | 0.002078000 |
| 3rd Low | 0.001717000 |
0.002369000 – 0.002414000 – 0.002490000 – 0.002201000 – 0.002233000 – 0.002078000
Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji –