BOME/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance at 0.001786000 will persist.

Caution: A possible counter-trend in the direction of the support level at 0.001739000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

0.001786000 – 0.001808000 – 0.001847000 – 0.001739000 – 0.001691000 – 0.001650000 — 57.110173300216 – 58.726145189165

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