BOME/USDT – 1H – BUY

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

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

Caution: A possible counter-trend in the direction of the support level at 0.00049 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 0.00052584 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.00052 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Up’ candle pattern is existing. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00052 – 0.00051 – 0.00051 – 0.00049 – 0.00048 – 0.00048 —
0.000500000 – 0.000515000 —
42.761633614016 – 49.342500361902 —
– —
0.00052 – 1780207200

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