BOMEUSDT trade ideas
BOME analysis (4H)BOME has a strong resistance range ahead.
It appears to be forming a triangle or a more complex pattern.
When you reach the supply range, you can look for buy/long positions.
Demand range can be a good place to save profit.
Closing a daily candle above 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
BOOK OF MEME (BOME) completed a setup for upto 15.50% 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 2-hr time frame, BOME has formed 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.
BOMEUSDT.PHello Trader BYBIT:BOMEUSDT.P
double bottom swing chart 4 hours to 1 day.
The buying area limit can be set in the range 0.11478 - 0.11321
It is not recommended to use full leverage because it is far enough for the stop loss to be around 5% from the 2nd entry area
Note: can be used as a spot chart, please install it
take profit 32%
stop loss 5%
Please add a comment and Positive feedback and constructive criticism are important to authors and the community.
Disclamer: Not Financial Advice
BOME / BOMEUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
📊#BOME will fall according to the head-shoulders structure📉🧠From the perspective of the larger cycle, the high point gradually decreases, which is a downward trend.
➡️From a structural point of view, we started the pullback after completing the target of the double bottom structure, and constructed a bearish head and shoulders structure near the target area, so there is a high probability that we will sweep the liquidity pool below.
➡️If it falls below the previous low, focus on the major support areas marked on the chart. A reversal is very likely from here.
⚠️Don’t forget risk management💯
✔️Trade safe✔️
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BOME LONG Versus a basket of memecoins I was monitoring during the April Fool's dump, this was the only one that was positive for a period while everything else was in the red. On the rebound this also outperformed many other memes other than perhaps WIF.
Other than that not much reasoning behind this, I like Darkfarm's vibe
Entry. I've been accumulating at 0.012-0.017 levels.
Watching for a break of the trend line for another possible entry.
Hodl or the money management system below
stop loss: none or % you are willing to lose
position size : Money you can afford to lose
Target 1 or 2, take out initial investment reducing risk to 0.
Target 2, take some profits if you need to.
Target 3 and fibs above. Use whatever exit strategy you like.
BOMEUSDT BULLISH BOME USDT BULLISH W PATTERN TARGET 1.12 ,
BOME/USDT has become a popular coin
time frame formed a bullish W PATTERN
As long as the price is in the channel then it's bullish.
entry at the support line of the channel and exit at 1.12
NOTE: financial advice only testing my skills, I am not professional.