BOME/USDT – 1H – BUY

The combination BOOK OF MEME/Tether (BOME/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 0.00047 will persist.

Caution: A possible change in the direction of the support level at 0.00043 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.0004593 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 0.00047 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles show ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.00047 – 0.00044 – 0.00044 – 0.00043 – 0.00043 – 0.00042 —
0.000469000 – 0.000443000 —
70.469397150249 – 42.787032512064 —
– —
0.00047 – 1782054000

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