BOME/USDT – 1H – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 0.002101000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 0.002003000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.002045776 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.002101000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.002101000 – 0.002088000 – 0.002060000 – 0.002003000 – 0.001949000 – 0.001918000 — 41.125362379971 – 45.698050998736

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