Besides a ‘Double top retreat up’ chart pattern is found. The chart forms ‘Double top retreat up’. this is a bullish chart scenario. The pair is likely to go up.
The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline up.
A bullish trend upwards to the next resistance at 0.001799000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.001578000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this 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 chance of ‘Northern Doji’ heading 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 –