BOME/USDT – 1H – BUYMoreover a ‘Double bottom chart pattern’ chart formation is detected. The chart picture forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The pair is likely to go up.
The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 0.002117000 will persist.
Caution: A possible change in the direction of the support level at 0.002049000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Bullish Belt Hold’ candle pattern is found. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002358000 |
| Next High | 0.002117000 |
| Current Price | 0.002130000 |
| Next Low | 0.002049000 |
| 2nd Low | 0.001939000 |
| 3rd Low | 0.001900000 |
0.002117000 – 0.002116000 – 0.002358000 – 0.002049000 – 0.001939000 – 0.001900000 — 48.65197453889 – 63.171978979483
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern –