The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 0.00077 is expected.
Caution: A possible trend reversal in the direction of support at 0.00071 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00085 |
| 2nd High | 0.00083 |
| Next High | 0.00077 |
| Current Price | 0.000766000 |
| Next Low | 0.00071 |
| 2nd Low | 0.00067 |
| 3rd Low | 0.00065 |
0.00077 – 0.00076 – 0.00075 – 0.00071 – 0.00071 – 0.00067 — 61.341912668659 – 62.558890501707 — 71.729990061922 – 90.472186122366 – 42.050953093712 – 66.866277637625
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –