The combination BOOK OF MEME/Tether (BOME/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 0.0004 will continue.
Caution: A possible reversal of the trend in the direction of the support line at 0.00037 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00044 |
| 2nd High | 0.00041 |
| Next High | 0.0004 |
| Current Price | 0.000397000 |
| Next Low | 0.00037 |
| 2nd Low | 0.00034 |
| 3rd Low |
0.0004 – 0.00041 – 0.00044 – 0.00037 – 0.00038 – 0.00038 —
0.000388000 – 0.000394000 —
56.936553177489 – 61.655608915977 —
– —
0.0004 – 1770818400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –