BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 0.002116000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 0.001900000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002358000 |
| 2nd High | 0.002121000 |
| Next High | 0.002116000 |
| Current Price | 0.001998000 |
| Next Low | 0.001900000 |
| 2nd Low | 0.001717000 |
| 3rd Low | 0.001704000 |
0.002116000 – 0.002121000 – 0.002358000 – 0.001994000 – 0.001900000 – 0.001984000 — 43.877069843054 – 45.525345218139
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –