BOME/USDT – 4H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards

An ascending movement up to the next resistance line at 0.00075 is expected.

Caution: A possible reversal of the trend in the direction of support at 0.00062 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.00075 – 0.00078 – 0.00083 – 0.00062 – 0.00062 – 0.00075 — 56.897077609986 – 59.145285598102 — 89.474106623327 – 100 – 71.625968953363 – 84.988997906593

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – Double bottom retreat down – –