Bullish for Book of MEME (BOME)I am bullish for Book of MEME (BOME) if it breaks symmetrical triangle on 1 hour timeframe.
and has already shown divergence on 1hour timeframe.
BOMEUSDT trade ideas
Solana Meme Coin Sensation BOME Enters a Bearish CycleIn the latest hour-by-hour analysis of BINANCE:BOMEUSDT , investors have observed a series of fluctuations that paint a nuanced picture of the current market dynamics. The closing prices for the pair have shown a downtrend. This movement suggests a cooling off from initial highs, pushing the crypto into a more volatile phase.
The technical indicators further elucidate this narrative. The 9 Exponential Moving Average (EMA) and the 20 EMA, key indicators for short-term momentum, have both shown a decrease over the last five hours, indicating a bearish trend. The convergence of the 9 and 20 EMAs below the recent closing prices signals a weakening momentum and could suggest a bearish outlook in the near term.
The Moving Average Convergence Divergence (MACD), a tool used to identify potential reversals in market direction, presents a mixed perspective. Initially, the MACD values were close to the signal line, indicating a potential for either direction. However, the histogram, which measures the distance between the MACD and its signal line, has moved from positive to increasingly negative territory, underlining the growing bearish sentiment in the market.
The Relative Strength Index (RSI), hovered around the midline, with recent values dipping slightly below the neutral 50 mark, which could signal a growing bearish momentum or a potential for a reversal if the market finds support.
Key Levels to Watch
Speaking of support and resistance levels, BOME is currently navigating between critical junctures. The immediate resistance level at $0.012181 could serve as a barrier to upward movement, with further resistance seen at $0.012432 and a more substantial challenge at $0.013081. On the downside, the support level at $0.008991 marks a crucial point that could halt further declines and possibly serve as a springboard for a bullish reversal if the price action finds footing there.
For traders eyeing entry and exit points, the current setup suggests waiting for a clearer signal. For bullish traders, a break above the immediate resistance at $0.012181 could open up opportunities towards higher levels, while maintaining stop losses just below the $0.011572 support level might offer a protective cushion. Conversely, bearish traders might consider entries on a confirmed break below the support level at $0.008991, targeting potential drops, with stop losses placed just above the $0.012181 resistance to mitigate risks.
Let's see what happens if this 1 hr bar closes over 0.012323Let's see what happens if this 1 hr bar closes over 0.012323?
maybe I can get picked up at 0.0123 and head to 25,50, or 90%.
Working on risk management and setting SL before entering a trade.
BOOK OF MEME (BOME) analysisMy analysis of the asset BOOK OF MEME (BOME)
I think the coin will move as I wrote below
1) Declining phase
2) Then the accumulation phase
3) Then strong and dynamic growth with large volumes (Uptrend phase)
bomeusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
BOMEUSDTThe market performance of ECONOMICS:BOME (Book of Meme) continues to exhibit a downward trend. For those considering a long position, it is advisable to exercise prudence and await confirmatory signals before BUYING.
BYBIT:BOMEUSDT.P
BOME - Highly Speculative Play"Book of Meme" a new meme coin that went from $0 to a SEED_TVCODER77_ETHBTCDATA:2B market cap in just 2 days is starting to form a bullish pattern.
After the Binance listing that market the top we have retraced over 60%. We have hit the psychological $0.01 level that could be acting as new support.
We are also near oversold conditions on the lower timeframe and have a bullish divergence on 15 min timeframe. Lower low in price / Higher low on RSI.
We have formed a falling wedge pattern (yellow trendlines that usually break to the upside.
Of course, this is a very risky trade as it is a meme coin, but could have some potential for a nice rebound.
#BOME looking at few setups Have charted this on dexscreener as we have more data there, looking at few setups these are for upcoming dip buying opportunity similar to how we played with PEPE & SHIB
MCAP picture for HTF & if that bigger dip comes around 200M i would like to accumulate
gameplan is simple keep alerts on that channel on 4H, wait for it to breakout & enter or risk some around 0.01 & see how it goes
Quick swing trade - 40% GainsFollowing the pattern that other meme coins, like Pepe, have printed we can see a window of opportunity to gain 40% on our long trade.
BOME UpdateBome moving inside the falling wedge.
Sooner or later will be breakout.
At the moment we going short.
Expecting retest of residence
BOME NEW INCREASE TRENDBOME seems since the least hype trend to make a new increase volume.
We will follow the trend in the coming time frames.
#BOME Two Scenarios#BOME Two Scenarios
Moving in to the Bullish flag.
It will break now or will be pullback from the support zone.
Best opportunity from support zone
$bome ATH inbound?new coin with lots of hype flipping s/r at 0.0185 may catch fire and run to a new ATH
BOME breaks descending triangleEveryone talks BOME
Trading good volume
Therefore I gave it a shot !
Let’s see what BOME has to offer.
Buckle up
Bomeusdt Plan Bome/Usdt
It is anticipated that Bomeusdt will experience an upside breakout in the near future; however, it is premature to make a definite prediction. The prudent approach would be to observe and wait for a confirmed breakout before drawing any conclusions. If the breakout happens successfully, there is a possibility of a 50% increase in bullish sentiment. Please note that this information is not financial advice.
BOME/USDT possibly reaching 0.024503?BYBIT:BOMEUSDT.P In the 1-hour chart, the support region suggests a potential upward momentum, possibly reaching 0.024503. However, should the price breach this support area and descend beneath it, further downward movement could ensue.
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
bomeusdtSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
BomeUSDT to 0.04? BOOK OF MEME the new Dogecoin or a Scam? This coin could become a new meme for the future, there will be a sell-off, my assessment is that it still has a lot of potential in a few weeks if not years, no investment advice!
It dumps because people get scared, I'll keep it regardless if it reaches a value of 0.
BOME healthy correction and time for more!wedge breakout 1hr time frame rsi and macd showing signs of bullish movement still
Book of meme #BOME4 hr chart broke out of bull flag bullish pattern. Looking at .04? Lots of eyeballs on this one as it’s the artist of Pepe. The marketing and brand already deep rooted since 2016. I think it’s done consolidating after smashing records to 1.5 Billy!
