BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish trend up to the next resistance at 0.001746000 will persist.
Caution: A possible reversal of the trend in the direction of support at 0.001682000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001971000 |
| 2nd High | 0.001799000 |
| Next High | 0.001746000 |
| Current Price | 0.001744000 |
| Next Low | 0.001682000 |
| 2nd Low | 0.001651000 |
| 3rd Low | 0.001578000 |
0.001746000 – 0.001799000 – 0.001799000 – 0.001682000 – 0.001651000 – 0.001690000 — 55.076055055672 – 57.094263238654
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – –