BOME/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance line at 0.001799000 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.001703000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.0018405 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 0.001799000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001799000 – 0.001971000 – 0.001978000 – 0.001703000 – 0.001712000 – 0.001744000 — 51.846880308288 – 54.25983792278

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