The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 0.001983000 is expected.
Caution: A possible trend reversal in the direction of the support level at 0.001926000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Then a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002038000 |
| 2nd High | 0.001995000 |
| Next High | 0.001983000 |
| Current Price | 0.001961000 |
| Next Low | 0.001926000 |
| 2nd Low | 0.001918000 |
| 3rd Low | 0.001867000 |
0.001983000 – 0.001964000 – 0.001905000 – 0.001926000 – 0.001918000 – 0.001921000 — 48.937969675788 – 57.041003602509
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –