The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 0.0007 will persist.
Caution: A possible change in the direction of support at 0.00068 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Tweezers Bottom’ chart pattern is discovered. The candles show ‘Tweezers Bottom’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00071 |
| Next High | 0.0007 |
| Current Price | 0.000690000 |
| Next Low | 0.00068 |
| 2nd Low | 0.00065 |
| 3rd Low | 0.00062 |
0.0007 – 0.00069 – 0.00068 – 0.00068 – 0.00065 – 0.00065 — 51.967750360432 – 55.808246641634 — 68.378687425201 – 71.238230591579 – 58.717281949094 – 68.017564899363
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Bottom – – –