BOME/USDT – 4H – BUYThe pair BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 0.00076 is expected.
Caution: A possible counter-trend in the direction of the support line at 0.00056 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00099 |
| 2nd High | 0.00088 |
| Next High | 0.00076 |
| Current Price | 0.000615000 |
| Next Low | 0.00056 |
| 2nd Low | 0.00052 |
| 3rd Low | 0.00037 |
0.00076 – 0.00072 – 0.00088 – 0.00056 – 0.00057 – 0.00064 —
0.000586000 – 0.000594000 —
41.009232376819 – 52.430970386274 —
– —
0.00076 – 1768334400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – Double bottom chart pattern – –