The combination BOOK OF MEME/Tether (BOME/USDT) moves from the descending trendline upwards
A bullish trend upwards to the next resistance at 0.002174000 will continue.
Caution: A possible counter-trend in the direction of the support level at 0.001996000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘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 success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002266000 |
| 2nd High | 0.002200000 |
| Next High | 0.002174000 |
| Current Price | 0.002062000 |
| Next Low | 0.001996000 |
| 2nd Low | 0.001979000 |
| 3rd Low | 0.001964000 |
0.002174000 – 0.002200000 – 0.002177000 – 0.002067000 – 0.002095000 – 0.001996000 — 36.74157059596 – 37.88463984855
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –