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.
Thank you for reading.
Namaste.
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.
Thank you for reading.
Namaste.
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💥💥💥 Early 2025 Results (NEW)
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.