Buy BOME/USDT – 1H – BUY

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

A bullish trend up to the next resistance at 0.00072 is certain.

Caution: A possible change in the direction of the support level at 0.00067 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 0.0007128 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.00072 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. 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 0.00087
2nd High 0.00073
Next High 0.00072
Current Price 0.000693000
Next Low 0.00067
2nd Low 0.00052
3rd Low 0.00037

0.00072 – 0.00071 – 0.00073 – 0.00067 – 0.00069 – 0.00069 — 45.265537569116 – 50.95546565766 — 15.868202679953 – 33.321243993109 – 19.033908182321 – 22.207676434182

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