BOME/USDT – 30M – BUY

The currency pair BOOK OF MEME/Tether (BOME/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance level at 0.00047 is expected.

Caution: A possible change in the direction of the support line at 0.00039 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Hidden Bullish Divergence’. signal.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.00047 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 0.00047 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Inverted Hammer’ candle chart pattern is detected. The candles form ‘Inverted Hammer’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).

0.00047 – 0.00042 – 0.00041 – 0.00039 – 0.00039 – 0.00037 —
0.000457000 – 0.000450000 —
64.007449341619 – 51.997109025537 —
– —
0.00047 – 1771108200

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Inverted Hammer – – –