BOME/USDT – 30M – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline up.
An ascending movement upwards to the next resistance line at 0.00077 will continue.
Caution: A possible counter-trend in the direction of the support line at 0.00072 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Bullish Engulfing’ chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00078 |
| Next High | 0.00077 |
| Current Price | 0.000726000 |
| Next Low | 0.00072 |
| 2nd Low | 0.00071 |
| 3rd Low | 0.00068 |
0.00077 – 0.00078 – 0.00078 – 0.00072 – 0.00074 – 0.00074 — 33.472442550544 – 43.397660365801 — 24.604197349043 – 20.356584297779 – 43.811364752086 – 29.590715466303
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – – –