BOME/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance at 0.002358000 is certain.

Caution: A possible trend reversal in the direction of support at 0.002191000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002358000 – 0.002593000 – 0.002410000 – 0.002191000 – 0.002243000 – 0.002096000

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