The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 0.000679000 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.00065 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. 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 | 0.00071 |
| 2nd High | 0.0007 |
| Next High | 0.000679000 |
| Current Price | 0.000674000 |
| Next Low | 0.00065 |
| 2nd Low | 0.00062 |
| 3rd Low | 0.00037 |
0.000679000 – 0.0007 – 0.00071 – 0.00065 – 0.00065 – 0.00062 — 50.284621522687 – 51.889425856841 — 68.828183310942 – 67.007015972533 – 74.626585324607 – 71.233907662223
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –