BOME/USDT – 30M – BUY

In addition a ‘Double bottom chart pattern’ chart formation is discovered. The chart picture shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.

The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance at 0.002499000 is likely expected.

Caution: A possible change in the direction of support at 0.002316000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.002499 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 0.002499000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).

0.002499000 – 0.002459000 – 0.002370000 – 0.002316000 – 0.002243000 – 0.002096000

Trading Signals: FOREX – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern