BOME/USDT – 1H – BUYFurthermore a ‘Double bottom chart pattern’ chart pattern is found. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.00087 is expected.
Caution: A possible trend reversal in the direction of the support zone at 0.00067 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00077 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.00087 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00092 |
| 2nd High | 0.00088 |
| Next High | 0.00087 |
| Current Price | 0.000753000 |
| Next Low | 0.00067 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00072 – 0.00071 – 0.00073 – 0.00067 – 0.00067 – 0.00069 — 70.535335582868 – 84.536021272292 — 95.688486317326 – 97.790904097774 – 92.720710112148 – 95.387547607345
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – – Double bottom chart pattern – –