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Technical analysis by cryptoitalia2024 about Symbol BOME: Buy recommendation (3/31/2024)

https://sahmeto.com/message/2687461
cryptoitalia2024
cryptoitalia2024
Rank: 14269
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Buy،Technical،cryptoitalia2024

Bome not only has the Team aspect but also resembles PEPE in various characteristics. These memes are managed with patience and often have the same explosions. To hypothesize the explosive movement, we should initially consider the bottom before the official listing on exchanges at around 0.004936. Subsequently, we have the area to break, and a daily close above it would confirm the breakout. From there, we should see the first pump in the area of 0.094 (first TP 3,618 FIB), followed by a bounce in the area of the EMA 5 daily, likely around 0.069-0.067. If the bullrun continues, the movement will resume after a few days towards the area of 0.2. This is not fantasy; they are memecoins from Dark Farms with tremendous volumes.We need to keep in mind that we've 2 highs that can change the 1st TP based on Fibonacci 3.618. On Binance it reached 0,02944 and on 1st launch in DEXTools 0,02305. If (and I repeat IF) the pump will start we need to look at 0,08362 that can works as resistance or 1st tp before the bounce. On the Dextools, in theese days, we can see also the real big supports EMA 5, and EMA 10. We need to stay above the 10, for keep the long trade active.Send itParty is postponed. The break of the EMA 10 Daily on the downside is taking us to the lower buy area where we can increase the position. Volumes are still high, and everything will depend on how BTC performs before the halving. We need 2 more touch in the resistance area for the perfect breakout.Daily close above 0,01455 on Binance is the new entry point. I suggest spot or low leverage. High risk.I consider a closing above EMA 10

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$0.0018324
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