The combination BOOK OF MEME/Tether (BOME/USDT) goes from the descending trendline up.
A bullish movement up to the next resistance at 0.002038000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.001704000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002490000 |
| 2nd High | 0.002116000 |
| Next High | 0.002038000 |
| Current Price | 0.001933000 |
| Next Low | 0.001704000 |
| 2nd Low | 0.001703000 |
| 3rd Low | 0.001699000 |
0.002038000 – 0.002116000 – 0.002108000 – 0.001925000 – 0.002011000 – 0.001944000 — 39.376249579162 – 43.916732468339
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –