BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 0.002034000 is certain.

Caution: A possible counter-trend in the direction of the support level at 0.001885000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The 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).

0.002034000 – 0.002009000 – 0.001786000 – 0.001885000 – 0.001950000 – 0.001739000 — 31.112431023352 – 36.473834732094

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