The currency pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline up.
A bullish trend upwards to the next resistance line at 0.002031000 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.001853000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘StochRSI cross above 20’ indicator layout is detected. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002092000 |
| 2nd High | 0.002034000 |
| Next High | 0.002031000 |
| Current Price | 0.001902000 |
| Next Low | 0.001853000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.002031000 – 0.002025000 – 0.002034000 – 0.001853000 – 0.001884000 – 0.001885000 — 43.303794112767 – 43.63806591783
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –