BOME/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance line at 0.00055 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 0.0005 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 0.00052 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.00055 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

0.00055 – 0.00052 – 0.00052 – 0.0005 – 0.00049 – 0.0005 —
0.000508000 – 0.000503000 —
38.520317928205 – 44.238613264277 —
– —
0.00055 – 1777456800

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three White Soldiers – – –