The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance level at 0.001905000 is certain.
Caution: A possible trend reversal in the direction of support at 0.001867000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001969000 |
| 2nd High | 0.001943000 |
| Next High | 0.001905000 |
| Current Price | 0.001909000 |
| Next Low | 0.001867000 |
| 2nd Low | 0.001834000 |
| 3rd Low | 0.001813000 |
0.001905000 – 0.001943000 – 0.001969000 – 0.001867000 – 0.001872000 – 0.001874000 — 48.586834092657 – 57.823368132445
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double top retreat up – –