BOMEUSDT trade ideas
BOME, Correction almost complete. TIME TO SEED for multiple Xs!After reaching parabolic levels at 0.028, this much hyped meme coin corrected heavily to 0.009 levels.
Based on the recent price action this is nearing conclusion of its correction and a re-attempt upside reversal is in order now.
The prospect of this returning to its previous peak levels at x3 is very high.
SEED at the current range. The thinning price movement is suggesting a shifting trend soon.
Spotted at 0.00950
TAYOR.
BOME Trading ScenarioThe asset price chart has completed the correction from the $0.018578 level to the $0.007099 level, which represents more than 60% of the correction.
Currently, the asset is trading within the ascending trading channel, pushing away from the sloping support and resistance levels.
The volume profile indicates that participants continue to demonstrate interest in continuing the ascent within the channel.
Touching and rebounding from the sloping support level may be an optimal entry point for a position that will continue to grow, with a probability of subsequent breakdown of the sloping resistance level and continued upward movement.
BOOK OF MEME: BOME Book Of Meme
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LONG #BOMEUSDTLONG #BOMEUSDT from $0.01325 stop loss $0.011
1h TF. The asset moves in a parallel channel after correction. There are horizontal resistance levels. Now we are waiting for the price correction to the lower slope of the channel and a rebound from the level, we pushed off from the support level of ~ 0.0125 $, then we open a long and move in an uptrend
BOME still looks bearishIt looks like on the chart we have an ABC or more complex pattern that we are now in wave B.
Wave B appears to be a diametric. We are now in wave f from B.
After the completion of wave B, we expect to have another bear hair for wave C.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BOME UPDATE (6H)This analysis is an update to the analysis you see in the "Related Ideas" section.
We have a change of perspective for Bome.
We are still within the supply range of the previous analysis. But on BOME, the bullish signs are increasing.
There is not much chart data and therefore the analysis of this symbol is much more complicated and difficult.
It seems that the price has completed a bearish correction phase and is now completing a bullish correction phase.
By maintaining the green range, it can move towards the targets.
Closing a daily candle below the invalidation level will violate the analysis.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ICP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
BOME has broken out of an Ascending Triangle pattern !Hi.
COINEX:BOMEUSDT has broken out of an Ascending Triangle pattern
The breakout was confirmed by a candle closing above the triangle resistance ,This breakout indicates strong bullish momentum .
The bullish move is expected to continue eithe immediately or after successful retest of triangle resistance level, AB=CD.
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#bome/usdt has broken out of an ascending triangle pattern🧐 Th#bome/usdt has broken out of an ascending triangle pattern🧐
The breakout was confirmed by a candle closing above the triangle resistance👨💻
This breakout indicates strong bullish momentum📈
The bullish move is expected to continue, either immediately or after a successful retest of the triangle resistance level📝
BOOK OF MEME (BOME) a setup for upto 27% pumpHi dear friends, hope you are well and welcome to the new trade setup of BOOK OF MEME (BOME) with US Dollar pair.
Recently we caught almost 20% pump of BOME as below:
Now on a 4-hr time frame, BOME is completing the final leg of a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
BOME/USDT | 1D 👀Could be considered for purchase.
After all the growth and correction with accumulation, a clear pattern is forming on the chart (daily timeframe), which I have noted.
I expect to see its completion within the next 2-3 weeks, so I bought the coin at market price with 1% of my deposit from the current levels.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of BOME. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #BOME #Investment #BOOK_OF_MEME
#Bome Sailing the Crypto Seas: A Strong Buy Signal Beckons!**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data differently, leading to varied conclusions.
2. **Historical Performance Doesn't Guarantee Future Results:** Past price movements do not guarantee future price movements. While historical data can provide insights, it's crucial to consider other factors that could influence price action.
3. **Risk of False Signals:** Technical indicators and chart patterns can produce false signals, leading to potential losses if relied upon blindly. Always cross-verify signals with other indicators or fundamental analysis.
4. **Market Volatility:** Crypto markets are highly volatile and can experience rapid price fluctuations. Be prepared for sudden and unexpected price movements, which may invalidate previously identified patterns.
5. **Risk Management:** Proper risk management is essential. Never invest more than you can afford to lose, and consider using stop-loss orders to mitigate potential losses.
6. **Emotional Bias:** Avoid emotional decision-making based on short-term price movements. Stick to your trading plan and strategy, and don't let fear or greed influence your decisions.
**Disclaimer for Crypto Trading:**
Trading cryptocurrencies carries inherent risks, and it's important to understand the following:
Cryptocurrency markets are highly speculative and can be subject to extreme volatility. Prices can fluctuate significantly within short periods, leading to substantial gains or losses.
Investing in cryptocurrencies involves the risk of total loss of capital. Unlike traditional assets, cryptocurrencies are not backed by any tangible assets or central authority, making them inherently risky.
Regulatory uncertainty and market manipulation are additional risks associated with cryptocurrency trading. Regulatory changes or negative news can have a significant impact on prices.
This analysis is for informational purposes only and should not be construed as financial advice. It's crucial to conduct thorough research and consult with a qualified financial advisor before making any investment decisions in the cryptocurrency markets.
By using this analysis, you acknowledge and accept the risks associated with cryptocurrency trading and agree to trade at your own discretion. The author of this analysis shall not be held responsible for any losses incurred as a result of using the information provided.
Bomeusdt Trading ideaBomeusdt, recently added to Binance, presents challenges for comprehensive analysis due to limited data availability. However, we have observed price consolidating within a potential triangle pattern, which could result in either a bearish or bullish continuation.
Our bias leans towards an upside breakout scenario. Targets have been identified on the chart, with the immediate target corresponding to the upper boundary of the ascending triangle. In the event of a downward breakout, we anticipate a descent towards a robust demand zone, offering an opportunity for fresh accumulation of coins.
Caution is advised when trading Bomeusdt, given its recent listing and limited data. It is essential to closely monitor the provided stop-loss level to manage risk effectively.
Do share your perspectives and insights on Bomeusdt with us.
BOME Awaits Major Volume Influx and BOOM 💥This scenario represents a pivotal moment for BOME, suggesting that once the market liquidity significantly increases, it could trigger rapid price movements. Investors and traders alike are positioning themselves, ready to capitalize on the anticipated volatility, which could redefine BOME's market standing and deliver substantial gains to those who timed their entry well.