The pair BOOK OF MEME/Tether (BOME/USDT) moves from the bearish trendline up.
A bullish movement up to the next resistance at 0.00074 is considered certain.
Caution: A possible change in the direction of the support zone at 0.00067 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00079 |
| 2nd High | 0.00076 |
| Next High | 0.00074 |
| Current Price | 0.000685000 |
| Next Low | 0.00067 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00074 – 0.00074 – 0.00076 – 0.0007 – 0.00072 – 0.00067 — 33.336468666273 – 35.97752802836 — 55.74554560363 – 69.48765466764 – 34.206575286089 – 52.87973882545
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –