BOME/USDT – 30M – BUY

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

A bullish trend up to the next resistance line at 0.002358000 will persist.

Caution: A possible trend reversal in the direction of the support level at should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002358000 – 0.002329000 – 0.002593000 – 0.002220000 – 0.002191000 – 0.002316000

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