The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance line at 0.001978000 is certain.
Caution: A possible change in the direction of support at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002116000 |
| 2nd High | 0.002038000 |
| Next High | 0.001978000 |
| Current Price | 0.001975000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001978000 – 0.002038000 – 0.002116000 – 0.001905000 – 0.001883000 – 0.001925000 — 56.874898000237 – 59.658105291108
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –