The combination BOOK OF MEME/Tether (BOME/USDT) goes from the bearish trendline up.
An ascending movement up to the next resistance level at 0.0008 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.00037 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. 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 | 0.00083 |
| 2nd High | 0.00082 |
| Next High | 0.0008 |
| Current Price | 0.000747000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.0008 – 0.00082 – 0.00081 – 0.00077 – 0.00075 – 0.00076 — 32.24328494939 – 40.439632292284 — 19.580601040625 – 41.999952056292 – 8.8535870693452 – 22.853571088109
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –