BOME/USDT – 1H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards

A bullish ascent up to the next resistance line at 0.001848000 is expected.

Caution: A possible counter-trend in the direction of the support level at 0.001768000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which could be a positive chart scenario. The currency pair is likely to rise.

Moreover a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001848000 – 0.001824000 – 0.001799000 – 0.001768000 – 0.001651000 – 0.001690000 — 52.355327669336 – 53.114973622295

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