BOME/USDT – 4H – BUYThe combination BOOK OF MEME/Tether (BOME/USDT) breaks through the descending trendline upwards
The bullish trend up to the next resistance level at 0.00051 is certain.
Caution: A possible counter-trend in the direction of support at 0.00034 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Tweezers Bottom’ candlestick chart pattern is found. The candles form ‘Tweezers Bottom’. which is a positive 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 ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00076 |
| 2nd High | 0.00062 |
| Next High | 0.00051 |
| Current Price | 0.000409000 |
| Next Low | 0.00034 |
| 2nd Low | |
| 3rd Low |
0.00051 – 0.00062 – 0.00076 – 0.00034 – 0.00043 – 0.00056 —
0.000425000 – 0.000412000 —
43.802274439692 – 39.744778817582 —
– —
0.00051 – 1770105600
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Tweezers Bottom – – –