The currency pair BOOK OF MEME/Tether (BOME/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.002082000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 0.001950000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading 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 | 0.002003000 |
| Next Low | 0.001950000 |
| 2nd Low | 0.001947000 |
| 3rd Low | 0.001931000 |
0.002082000 – 0.002029000 – 0.002032000 – 0.001950000 – 0.001954000 – 0.001947000 — 49.667308980493 – 51.79658815247
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –