BOME/USDT – 1H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.001889000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 0.001773000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Engulfing’ candle chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002194000 |
| 2nd High | 0.001954000 |
| Next High | 0.001889000 |
| Current Price | 0.001787000 |
| Next Low | 0.001773000 |
| 2nd Low | 0.001725000 |
| 3rd Low | 0.001699000 |
0.001889000 – 0.001815000 – 0.001838000 – 0.001773000 – 0.001725000 – 0.001699000 — 41.967378923502 – 44.01158274189
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – – –