BOME/USDT – 1H – BUY

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

A bullish movement up to the next resistance at 0.00044 is likely expected.

Caution: A possible change in the direction of the support zone at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Bullish Engulfing’ candle pattern is existing. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

0.00044 – 0.00043 – 0.00042 – 0.00042 – 0.0004 – 0.0004 —
0.000431700 – 0.000428100 —
54.791276256377 – 49.508132181818 —
– —
0.00044 – 1782990000

Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Bullish Engulfing – Rising Wedge Chart Pattern – –