There is also a ‘Double bottom chart pattern’ chart pattern is detected. The chart shows ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 0.002009000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 0.001950000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle pattern is existing. The candles form ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002289000 |
| 2nd High | 0.002092000 |
| Next High | 0.002009000 |
| Current Price | 0.002015000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.002009000 – 0.001786000 – 0.001808000 – 0.001950000 – 0.001739000 – 0.001691000 — 57.020232598128 – 60.270449055861
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –