BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance at 0.002358000 is expected.

Caution: A possible change in the direction of the support level at 0.002069000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.002117 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 0.002358000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. 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).

0.002106000 – 0.002117000 – 0.002095000 – 0.002069000 – 0.002049000 – 0.001982000 — 62.402773483844 – 63.56701142109

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