BOME/USDT – 1H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline up.

The bullish trend up to the next resistance level at 0.001978000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 0.001801000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘RSI cross above 30’ indicator signal is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001978000 – 0.002092000 – 0.002289000 – 0.001801000 – 0.001900000 – 0.001947000 — 30.744377832483 – 34.483418654862

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Triple top chart pattern –