The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline upwards
A bullish ascent upwards to the next resistance at 0.001953000 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 0.001792000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002034000 |
| 2nd High | 0.002031000 |
| Next High | 0.001953000 |
| Current Price | 0.001842000 |
| Next Low | 0.001792000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001953000 – 0.002031000 – 0.002025000 – 0.001792000 – 0.001853000 – 0.001884000 — 39.575171924737 – 43.617520884638
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –