BOMEUSDTBOMEUSDT
its on an uptrend. just after a correction it looks good to go long.
buy limit entery, target and stop on chart
Trade ideas
BOMEUSDT, long-term buy setupFor long-term holders, BUY setup after the price reaches the all-time low at the historical support, so from there we should expect a bounce from this level.
BOME Technical Analysis in a Daily TimeframeBOME is in a bearish trend and will likely reach its all-time low range. There are two crucial supports: the all-time low at $0.0052 and the descending support trendline.
BOME needs to hold these two support levels and rebound to initiate a bullish move. Failure to hold the ATL will result in a new all-time low, and it will be uncertain how far BOME will drop.
On the bullish side, if BOME holds the support level and rebounds, it will need to close above the resistance trendline to continue the bullish rally.
Key levels:
- Crucial Support/Accumulation: $0.00520.
- Primary Resistance: $0.0088.
- Confirmation: A rebound from the all-time low.
- Invalidation: A candle close below the support level.
DYOR, NFA.
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Thank you.
#Crypto #BOME
BOMEUSDTBOME ~ 1D
#BOME This green gem meme is moving in a descending channel for now.
We have Conviction on this green gem which will performance when the bulls have returned.
Perhaps small gradual buying is very attractive in this descending channel, bulls will be in control when this descending channel is successfully broken.
BOME. 0.006312. SHORTThe token looks very weak, all growth is sold out. No support. Accumulation above the key level, there may be a downward impulse. A good candidate for a short.
BOME | Short-TermFor technical analysis, we use mainly price data so at least several months of trading is needed for an analysis to have any value. If the chart is too young, there is no way to determine the behavior of a pair/project, nor the most relevant long-term support and resistance levels.
BOMEUSDT has a very young chart and so we can only look at it in the really short-term. This analysis can be of little value.
After the major drop, leading to the 5th August low, we are seeing a small recovery in the form of an ascending triangle. The recovery is there but the volume is low, thus weak.
Resistance is being challenged right now at the 8-Aug. high.
The overall trend is bearish based on the main move on the left side of the chart but there is bullish potential based on the small recovery and marketwide action.
Failing to move higher, BOMEUSDT can test lower levels right away. The red rectangles are for support. If support is challenged, a bounce can happen there.
This is definitely not my type of chart.
This analysis was done by a request on the comments.
I look for pairs that have strong growth potential, if the pair does not have good signals, I ignore and search for a new one.
Update: This chart is more bullish now than when I initially looked at it. The bullish signals/bias has been reinforced.
Namaste.
BOME — Chart Analysis & Trade SetupsBOME has been hyped massively lately. That's why I took a closer look at its chart and tried identifying possible trade setups.
Here are the most essential aspects to know:
- BOME has been in a constant downtrend (black line) since its listing.
- Driven by last week's sell-off, BOME dipped below its major support level and dropped to 0.005
- However, buyers stepped in at this level, volume increased massively, and we saw a fast reversal.
- Nevertheless, the token is still below its previously crucial support level at ~0.0072.
- In order to maintain its bullish momentum, BOME must break above this level. Otherwise, there's a risk of reverting back to the 0.005 level.
📊 Trade Setups
- Wait for a break above the 0.0072 level and confirmation on a higher timeframe. Once this happens, there's a good chance the BOME will make another attempt to break out of the downtrend.
- In case BOME goes lower, revisits the lower support level, and bounces again, you can place a trade aiming for the upper resistance.
Bome / Usdt BINANCE:BOMEUSDT
Good Strucker To Buy That Zone Hold This Zone And Buy IT
Tarrget : USe Your Own Term : 0.6984 / 0.7596 / 0.8034 /
For Spot : 20 to 30 Percent Profit IS Enough
Disclaimer : I am NOt Finacial AdviSor
BOMEUSDT Descending ChannelBOMEUSDT technical analysis update
BOME price has been trading inside a descending channel pattern for the last 150 days and is now bouncing off the channel support line. We can expect a bullish move from the current level. If the price breaks out of the channel pattern, we can expect a strong bullish move in BOME.
Regards
hexa
BOMEUSDT: Bullish TrendAfter the bearish trend, BOME is formed bullish divergence on 1hr time frame, and also touch the trend line, if BOME break its previous LHs that is the confirmation of the bullish trend. So we will take a long trade on the break of the LHs.
Bome / Usdt BINANCE:BOMEUSDT
Looking Good To Buy Making Good Structure
Buy Cmp 0.006745
Target : 0.007033 , 0.007354 , 0.007554 , 0.007837++
Stop Loss : 13%
Disclaimer : I Am Not Financial Advisor
BOMEUSDTWe can attempt to short BOMEUSDT from specified level as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart
BOMEUSDT: Bullish TrendBOME is moving in uptrend and its forming HHs and HLs so we will wait for the break of the previous LLs which is the confirmation of the bullish trend, there is another possibility that is bearish divergence on 1hr time frame if BOME break its previous HLs so this is the confirmation of the down trend. So take a trade accordingly of the trend.
BOME To ShortBome can be shorted from 0.010800
1st tp : 0.010010
2nd tp : 0.009150
Stop Loss: 0.011500
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What is the next hyped meme coin?General analysis :
Very strong community and good investment in advertising. The first advertising campaign has started, followed by the first distribution phase. I expect a second strong advertising campaign in the coming days.
100% of the BOME total supply have been added to the market.
Technical analysis :
Yesterday, we reached a strong resistance presented by the peak of the volume clusters. The selling pressure have been absorbed today.
All technical indicators show that the coin is in strong bullish accumulation phase.
I expect BOME to target $ 2 Billion in market cap.
BOME breakout soon?BOME is attempting to breakout from the triangle pattern
If the price can stay above .009 to .008, I'm expecting a massive breakout targeting poor highs around .014 (initial target)
Seems like an obvious play if it could run like WIF and POPCAT over a few days
TARGETS:
$0.014
$0.018
$0.022
#BOME Entering a small size position here at a mark price more if we have some dips
I am looking at this like we traded PEPE back in '23 -
on dex exchanges, we are seeing more Price action on the chart
also looking at this higher time frame Range play here as well
in summary a simple plan if we break here, enter more on the retest, if reject at resistance be patient for lower level
MAX RISK IS ONLY 1% FOR NOW, will risk more up to 5% after the breakout
BOMEUSDT.PBOMEUSDT.P is in bulllish trend.
Bearish divergence also shown in RSI.
Rising wedge reversal pattern also form.
We wait and watch for the breakout of last HL.
LONG #BOMEUSDTLONG #BOMEUSDT from $0.0112 stop loss $0.01115
5m TF. The instrument is in play, it is traded at increased volumes, the traded volume per day is more than 900 million, after upward pricing it is in consolidation, as a result of which it formed a triangle, after a false breakdown of the lower boundary we observe an excellent reaction of buyers, large prints for purchase in the glass, with a smooth approach, compression and increased activity in the glass I expect an impulse breakdown with the withdrawal of liquidity, ideally I would like to see a local proto-trading. The first target is 0.011400
BOME breaking out Open interest on BOME was up yesterday across all major exchanges by an average of 48% over $95M. There are no key liquidation levels according to coinglass liquidation heat map.
The Daily has broken out from an inverse head and shoulders pattern as well as breaking out from the lower high trendline on the daily. we can see that the structure has also changed on the daily and we look to have possibly bottomed.
Bullish Momentum with Overbought SignalsThe market sentiment for BOME is currently bullish. Recent technical indicators show strong upward momentum, but caution is warranted due to potential overbought conditions.
Key Factors Influencing BOME Price
1. Technical Indicators:
The histogram value is 0.000229, MACD line is 0.000423, and the signal line is 0.000194, indicating a bullish trend.
%K at 91.79 and %D at 93.90, indicating overbought conditions.
The RSI stands at 76.54, suggesting that BOME is in overbought territory.
2. Price Trends and Resistance Levels:
Potential Market Scenarios
Bullish Scenario:
A decisive break above the local resistance at $0.011635 could lead to further upward movement, targeting the solid resistance at $0.012500.
Bearish Scenario:
If BOME fails to break above the local resistance, it could retest the support levels at $0.008981 and $0.007604. A break below $0.007604 could signal further declines.
When to Buy BOME for Investment
Current Situation:
Given BOME's current price at $0.010603 and the technical indicators suggesting overbought conditions, a cautious approach is warranted.
Optimal Buying Strategy:
Wait for a Pullback: Considering the Stochastic Oscillator and RSI indicating overbought conditions, waiting for a pullback towards the local support level at $0.008981 could offer a better entry point.
Solid Support Level: If the price drops further, the solid support at $0.007604 is a strong level to consider for investment. Historically, BOME has found significant buying interest at this level, making it a safer entry point.
Gradual Accumulation: Alternatively, adopting a dollar-cost averaging (DCA) strategy by buying small amounts at regular intervals can mitigate the risk of market timing and take advantage of potential dips.
Conclusion and Market Outlook
BOME is currently positioned with significant support and resistance levels to watch. The bullish MACD and overall market activity suggest room for growth, but monitoring the key resistance levels and potential overbought conditions is crucial.
