BOME/USDT – 1H – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.002490000 is expected.
Caution: A possible counter-trend in the direction of support at 0.001931000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Bullish Belt Hold’ candle chart pattern is found. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002551000 |
| Next High | 0.002490000 |
| Current Price | 0.002015000 |
| Next Low | 0.001931000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001699000 |
0.002490000 – 0.002551000 – 0.002461000 – 0.001931000 – 0.002114000 – 0.002145000 — 43.721486880741 – 47.381338480235
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –