BOME/USDT – 30M – BUY

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

A bullish ascent up to the next resistance line at 0.00039 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.00037 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 0.000395 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.00039 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Inverted Hammer’ candle chart pattern is existing. The chart shows ‘Inverted Hammer’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ heading up is 65% (Bull Market).

0.00039 – 0.00039 – 0.00041 – 0.00037 – 0.00037 – 0.00037 —
0.000382000 – 0.000382000 —
50.383866308081 – 49.25102765799 —
– —
0.00039 – 1773001800

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