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Technical analysis by Blaqkarho about Symbol BOME: Buy recommendation (1/15/2025)

https://sahmeto.com/message/3168652
Blaqkarho
Blaqkarho
Rank: 3525
2.0
Buy،Technical،Blaqkarho

With BTC currently showing bullish sentiments and already exhibiting good momentum for buys, BOMEUSDT has cleared liquidity resting on the 4HR, and after such a sweep, the indication is a reversal in direction. Hence, I expect price to take out that high marked out as MSS to cause a change of character and retest into the FVG below that causes the CHoCh and then target sellside liquidity to the top side.(At least, until BTC does otherwise, as we gotta keep watch on BTC's behavior since we're trading crypto.)From the current market price to Target 1 is a beautiful 30% move.From the current market price to Target 2 is a mind-blowing 62%.There could be a target 3, but I didn't add it to the chart, and the journey to target 3 gives us around 105% from the the current market price.Crypto traders who trade perpetual futures would know how massive those percentages are, even with as small as a 10x leverage.NB: THIS IS NOT FINANCIAL ADVICE; I AM ONLY SHARING MY VIEW AND OPINION OF THE FOLLOWING PRICE ACTION ON THIS PAIR.Ciao, people!

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Price at Publish Time:
$0.0054129
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