BOME - Adam & Eve Breakout
BOME is already up over 70% since our post made 2 weeks ago:
https://www.tradingview.com/chart/BOMEUSDT/8RmLCYUU-BOME-Highly-Speculative-Play/
Now we are seeing an Adam and Eve pattern form (as depicted to the left of the chart).
This is when price established a "key level" (horizontal purple line - $0.0168), has a sharp drop followed by a quick rebound (ADAM), then is followed by a rounding bottom (EVE).
Once the "key level" is broken upwards price action tends to follow. Although, in most cases the "key level" is retested as new support providing potential entry opportunities.
Our technical measured move would lead price to the $0.021-$0.023 level.
If the all time high of $0.03 is broken, then $0.042 is your next level.
*Please note BOME is a meme coin and therefore is highly speculative and highly volatile.
https://www.tradingview.com/chart/BOMEUSDT/8RmLCYUU-BOME-Highly-Speculative-Play/
Now we are seeing an Adam and Eve pattern form (as depicted to the left of the chart).
This is when price established a "key level" (horizontal purple line - $0.0168), has a sharp drop followed by a quick rebound (ADAM), then is followed by a rounding bottom (EVE).
Once the "key level" is broken upwards price action tends to follow. Although, in most cases the "key level" is retested as new support providing potential entry opportunities.
Our technical measured move would lead price to the $0.021-$0.023 level.
If the all time high of $0.03 is broken, then $0.042 is your next level.
*Please note BOME is a meme coin and therefore is highly speculative and highly volatile.
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