BOME/USDT – 1H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) goes from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance at 0.00083 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.00065 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.000725 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.00083 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Belt Hold’ candle pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00085 |
| Next High | 0.00083 |
| Current Price | 0.000676000 |
| Next Low | 0.00065 |
| 2nd Low | 0.00062 |
| 3rd Low | 0.00037 |
0.00083 – 0.0008 – 0.00082 – 0.00065 – 0.00062 – 0.00072 — 44.9237702852 – 48.10010116726 — 72.882901085816 – 89.469673352039 – 67.812881621947 – 76.39300996847
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Belt Hold – – –