BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline upwards

A bullish trend up to the next resistance level at 0.002031000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 0.001884000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Bullish Belt Hold’ chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. which 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 chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.002031000 – 0.002025000 – 0.002034000 – 0.001884000 – 0.001885000 – 0.001950000 — 34.80274301002 – 44.675929118103

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – Double top retreat up – –