BOME/USDT – 30M – BUYThe currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.00071 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.00066 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00074 |
| 2nd High | 0.00073 |
| Next High | 0.00071 |
| Current Price | 0.000700000 |
| Next Low | 0.00066 |
| 2nd Low | 0.00064 |
| 3rd Low | 0.00062 |
0.00071 – 0.00073 – 0.00072 – 0.00066 – 0.00066 – 0.00067 — 60.026121513361 – 61.594940387312 — 100 – 100 – 98.588566574743 – 99.823716270465
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –