The pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 0.00059 is expected.
Caution: A possible counter-trend in the direction of the support level at 0.00056 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. 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 | 0.00067 |
| 2nd High | 0.00064 |
| Next High | 0.00059 |
| Current Price | 0.000583000 |
| Next Low | 0.00056 |
| 2nd Low | 0.00054 |
| 3rd Low | 0.00052 |
0.00059 – 0.00064 – 0.00061 – 0.00056 – 0.00057 – 0.0006 —
0.000588000 – 0.000576000 —
51.118375618588 – 35.02154120856 —
– —
0.00059 – 1768978800
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Northern Doji – – –