BOME/USDT – 1H – BUY

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

An ascent up to the next resistance level at 0.00052 is considered certain.

Caution: A possible counter-trend in the direction of support at 0.00049 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to 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 0.000525 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.00052 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. this 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.00052 – 0.00054 – 0.00053 – 0.00049 – 0.0005 – 0.0005 —
0.000512000 – 0.000509000 —
51.596001790335 – 45.068111685218 —
– —
0.00052 – 1777338000

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –