Also there is a ‘Double top retreat up’ chart formation is discovered. The formation shows ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to rise.
The pair BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline up.
The bullish trend up to the next resistance line at 0.001799000 will continue.
Caution: A possible change in the direction of the support level at 0.001578000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001978000 |
| 2nd High | 0.001971000 |
| Next High | 0.001799000 |
| Current Price | 0.001702000 |
| Next Low | 0.001578000 |
| 2nd Low | 0.001552000 |
| 3rd Low | 0.001528000 |
0.001799000 – 0.001799000 – 0.001971000 – 0.001690000 – 0.001703000 – 0.001712000 — 31.712682368806 – 43.637917627955
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up –