BOME/USDT – 1H – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance line at 0.001949000 is certain.

Caution: A possible trend reversal in the direction of the support level at 0.001761000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

0.001949000 – 0.001995000 – 0.001991000 – 0.001761000 – 0.001883000 – 0.001944000 — 52.776147389377 – 59.381427823467

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –