BOME/USDT – 4H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance level at 0.002250000 is considered certain.
Caution: A possible change in the direction of support at 0.001761000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002289000 |
| Next High | 0.002250000 |
| Current Price | 0.001895000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.002250000 – 0.002034000 – 0.001848000 – 0.001761000 – 0.001779000 – 0.001650000 — 48.456216138032 – 49.105054718032
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom retreat down – –