BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 0.001819000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.001773000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001954000 |
| 2nd High | 0.001889000 |
| Next High | 0.001819000 |
| Current Price | 0.001971000 |
| Next Low | 0.001773000 |
| 2nd Low | 0.001725000 |
| 3rd Low | 0.001699000 |
0.001819000 – 0.001889000 – 0.001815000 – 0.001773000 – 0.001725000 – 0.001699000 — 73.062255113662 – 75.088149022135
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –