BOME/USDT – 4H – BUY

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

A bullish ascent upwards to the next resistance line at 0.001975000 will persist.

Caution: A possible change in the direction of the support zone at 0.001834000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.001975000 – 0.001995000 – 0.002116000 – 0.001834000 – 0.001761000 – 0.001883000 — 50.745887162188 – 55.439192220174

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –