BOME/USDT – 1H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) jumps from the descending trendline up.
The bullish trend upwards to the next resistance line at 0.00057 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.00037 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00063 |
| 2nd High | 0.00062 |
| Next High | 0.00057 |
| Current Price | 0.000479000 |
| Next Low | 0.00037 |
| 2nd Low | |
| 3rd Low |
0.00057 – 0.00056 – 0.00062 – 0.00052 – 0.00052 – 0.00056 —
0.000503000 – 0.000470000 —
20.651378653099 – 27.248275699819 —
– —
0.00057 – 1769799600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –