The currency pair BOOK OF MEME/Tether (BOME/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 0.00057 will persist.
Caution: A possible trend reversal in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
Additionally a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. which is a bullish signal. The 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0007 |
| 2nd High | 0.00066 |
| Next High | 0.00057 |
| Current Price | 0.000536000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.00057 – 0.00054 – 0.00054 – 0.00051 – 0.00048 – 0.0005 —
0.000540000 – 0.000532000 —
49.255549822191 – 39.092989539142 —
– —
0.00057 – 1777748400
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Outside Up – – –