BOME/USDT – 30M – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance line at 0.002369000 is considered certain.

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

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 –