The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 0.001786000 will continue.
Caution: A possible trend reversal in the direction of the support level at 0.001739000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001847000 |
| 2nd High | 0.001808000 |
| Next High | 0.001786000 |
| Current Price | 0.001772000 |
| Next Low | 0.001739000 |
| 2nd Low | 0.001691000 |
| 3rd Low | 0.001650000 |
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 – – –