The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 0.002082000 will persist.
Caution: A possible trend reversal in the direction of the support zone at 0.001950000 could happen.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002551000 |
| 2nd High | 0.002490000 |
| Next High | 0.002082000 |
| Current Price | 0.002000000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002029000 – 0.002032000 – 0.001950000 – 0.001954000 – 0.001947000 — 47.507164926353 – 51.199367192678
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –