BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 0.002032000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002266000 |
| 2nd High | 0.002159000 |
| Next High | 0.002032000 |
| Current Price | 0.002025000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.002032000 – 0.002159000 – 0.002266000 – 0.001964000 – 0.001933000 – 0.002099000 — 54.981382201194 – 58.171917426991
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom chart pattern – –