BOME/USDT – 30M – BUY

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

An ascent upwards to the next resistance line at 0.001949000 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 0.001813000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.

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

Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.001913000 – 0.001896000 – 0.001949000 – 0.001813000 – 0.001761000 – 0.001843000 — 63.031344693879 – 63.234398771835

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –