BOME UPDATE (4H)This is an update to the analysis you see in the "Related Ideas" section.
Now we are in the green range of the previous analysis, but as it was said in the previous analysis, the BOME data was too small to review and the number of scenarios for this symbol was high.
Now that the chart has given us more data, it looks like we are in a bearish ABC, which is now in wave B of this ABC.
Wave B looks like a triangle, and now the price is completing wave E of this triangle. From the red range, we expect a drop towards the green range.
The target is marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
BOMEUSD
$BOME R U STILL IN? 1ST LEVEL BREAKEDThis morning, when it broke the 0.018, it was quite satisfying, but we still have to wait. Trading memes requires a lot of bets. BOME closed a level and tested a new support very close (the 5 DAILY EMA of the Binance chart and also Dextools). The next goal is to close a daily above 0,016867: I've updated the chart with all Fibonacci indicator levels. Big support remains EMA 10 daily. Close below invalid the trade.
BOME ANALYSIS (2H)Read the text carefully:
There were many requests for Bome's analysis.
First, you should know that the available data for Bome analysis is very small, so there are many leading scenarios and here we have discussed a possible scenario.
Second, you should know that this is a shit coin and it is risky.
Expect to be in a large flat pattern. We seem to be in wave b of B now.
The green range is a suitable place for a buy/long position.
Closing a 4-hour candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
BOME/USDT | Last Chance To Buy?The Bome/USDT chart appears to be exhibiting bullish signals, suggesting a potentially strong upward trend ahead. There is a notable bullish wave forming, and there is a possibility that the price may see a significant increase in the coming days, possibly ranging between 40% to 80% based on the current market indications. However, it is crucial to exercise caution and conduct your own research (DYOR) before making any investment decisions. Please note that the information provided here is not financial advice, but rather an observation based on the current market conditions.
Bome/Usdt Idea Based on the Bome/Usdt price action, there appears to be an attempt at a breakout. While it seems like the breakout has occurred, there is a possibility that it could be a fakeout. In such cases, it is advisable to wait for the reaction of the next candle. If the next candle opens with a significant bullish move, it can be considered confirmation of the breakout. If a breakout does happen, we may anticipate a substantial bullish move ranging from 20% to 40%. Please note that this information is not financial advice, and it is recommended to do your own research (DYOR) before making any investment decisions.