The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance at 0.002551000 will continue.
Caution: A possible trend reversal in the direction of the support line at 0.002194000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002794000 |
| 2nd High | 0.002593000 |
| Next High | 0.002551000 |
| Current Price | 0.002238000 |
| Next Low | 0.002194000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002551000 – 0.002370000 – 0.002461000 – 0.002194000 – 0.001704000 – 0.001773000 — 42.17016139872 – 46.402567670723
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –