Book Of Meme (BOME) Breaks Above Resistance (100%+ Potential)Look at this... Here we have Book Of Meme vs Bitcoin (BOMEBTC) turning bullish after five days of sustained growth.
We have a local resistance level that was established in early August with a bearish breakdown. This level produced a rejection in late August and then again in late September; today, this resistance was fully broken with a high volume full green candle.
A close above this level (black line on the chart) opens the doors for additional growth.
This is a strong signal because it took more than two months for this level to break. The daily close needs to happen above 13-14 satoshis and the bullish bias is confirmed.
Short-term targets can be found on the chart.
More than 100% growth possible.
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Namaste.
