The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance at 0.00097 is certain.
Caution: A possible counter-trend in the direction of the support level at 0.00089 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candlestick chart pattern is found. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00101 |
| 2nd High | 0.001 |
| Next High | 0.00097 |
| Current Price | 0.000967000 |
| Next Low | 0.00089 |
| 2nd Low | 0.00082 |
| 3rd Low | 0.00078 |
0.00097 – 0.00094 – 0.001 – 0.00089 – 0.00091 – 0.00093 — 58.83131030538 – 59.832744293745 — 54.0058899041 – 50.615419466888 – 66.638546922089 – 58.370459865589
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –