The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline up.
A bullish trend up to the next resistance at 0.00083 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 0.00062 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000695000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00083 – 0.0008 – 0.00082 – 0.00062 – 0.00072 – 0.00077 — 42.263363225115 – 42.93199980443 — 78.390424028999 – 87.77875036472 – 61.073707922299 – 74.781901262463
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –