BOME/USDT – 4H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 0.00075 is considered certain.
Caution: A possible trend reversal in the direction of support at 0.00062 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. this 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 | 0.00083 |
| 2nd High | 0.00078 |
| Next High | 0.00075 |
| Current Price | 0.000707000 |
| Next Low | 0.00062 |
| 2nd Low | 0.00037 |
| 3rd Low |
0.00075 – 0.00078 – 0.00083 – 0.00062 – 0.00062 – 0.00075 — 47.697242948599 – 53.111915607056 — 60.214989310476 – 65.741573258207 – 59.70748666307 – 60.495381193097
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –