Chartist: Kyle

(For the chart screenshot, click here.)

We're positioning ourselves for an ideal entry on BOME as the price approaches the 21-day EMA. We're anticipating a retest of the trend, following the Market Structure Shift (MSS), to form a higher low while sweeping liquidity at the $0.075 level. However, nothing is guaranteed.

• Entry Zone: We’ll DCA between $0.007 and $0.008

• Stop Loss: Daily close below $0.006

• Target Profit Levels:

  • TP1: $0.012 (60% profit)

  • TP2: $0.016 (100% profit)

  • TP3: $0.020 (170% profit)

  • TP4: Moonbag (hold for potential further gains)

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Disclaimer: All opinions expressed by the publisher, writers, and chartists should not be construed as financial advice and do not necessarily reflect the views of Crypto Banter or The Whale Room. The publisher, writers, and chartists may hold positions in the tokens and assets discussed. Readers are encouraged to do their own research.