The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the bearish trendline up.
A bullish trend upwards to the next resistance at 0.001838000 will continue.
Caution: A possible change in the direction of support at 0.001744000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish 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 | 0.001954000 |
| 2nd High | 0.001901000 |
| Next High | 0.001838000 |
| Current Price | 0.001759000 |
| Next Low | 0.001744000 |
| 2nd Low | 0.001739000 |
| 3rd Low | 0.001691000 |
0.001838000 – 0.001901000 – 0.001954000 – 0.001744000 – 0.001756000 – 0.001851000 — 39.812831567539 – 40.697839632334
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top chart pattern – –