BOME/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 0.001975000 will continue.

Caution: A possible change in the direction of support at 0.001834000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The 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).

0.001975000 – 0.001969000 – 0.001949000 – 0.001834000 – 0.001904000 – 0.001813000 — 54.097074703026 – 57.282056840343

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