The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance at 0.001964000 will continue.
Caution: A possible counter-trend in the direction of support at 0.001918000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.001975000 |
| 2nd High | 0.001969000 |
| Next High | 0.001964000 |
| Current Price | 0.001974000 |
| Next Low | 0.001918000 |
| 2nd Low | 0.001867000 |
| 3rd Low | 0.001834000 |
0.001964000 – 0.001969000 – 0.001975000 – 0.001918000 – 0.001867000 – 0.001834000 — 61.418136133722 – 62.770154472858
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –