The pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline upwards
An ascending movement upwards to the next resistance at 0.002038000 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.001704000 could occur.
Consider stop-loss settings accordingly.
And also a ‘Morning Doji Star’ chart pattern is detected. The chart forms ‘Morning Doji Star’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Morning Doji Star’ heading up is 76% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002116000 |
| Next High | 0.002038000 |
| Current Price | 0.001929000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001703000 |
| 3rd Low | 0.001699000 |
0.002038000 – 0.002116000 – 0.002108000 – 0.001925000 – 0.002011000 – 0.001944000 — 40.903331013711 – 43.389466850262
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Morning Doji Star – Double top retreat up – –