BOME/USDT – 4H – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance at 0.001954000 will continue.

Caution: A possible counter-trend in the direction of support at 0.001761000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.00195 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.001954000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001954000 – 0.002250000 – 0.002034000 – 0.001761000 – 0.001779000 – 0.001650000 — 48.347883187581 – 53.627107090343

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –