The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 0.002250000 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.001761000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The currency 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 | 0.002593000 |
| 2nd High | 0.002289000 |
| Next High | 0.002250000 |
| Current Price | 0.001806000 |
| Next Low | 0.001761000 |
| 2nd Low | 0.001650000 |
| 3rd Low | 0.001514000 |
0.002250000 – 0.002034000 – 0.001848000 – 0.001761000 – 0.001779000 – 0.001650000 — 39.546765504169 – 41.642009564118
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –