BOME/USDT – 30M – BUY

The pair BOOK OF MEME/Tether (BOME/USDT) goes from the bullish trendline up.

A continuation of the uptrend up to the next resistance line at 0.002123000 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 0.001981000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.002089488 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 0.002123000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.002123000 – 0.002123000 – 0.002063000 – 0.001981000 – 0.002018000 – 0.002003000 — 47.377422261739 – 53.221201056113

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