LISTED DIFFERENT SCENARIOS FOR #BOME AND IT PAID OFF!
After our market entry with BOME we were able to secure 17.68% profit at the depths that its moving in between. Now, we're finding other possible price actions that might happen in order to prepare as a precaution.
BOME has the tendency to keep on testing the supports as its way of establishing stronger support zones. The retest that happened at 0.008395 last August 25 shows the interest of buyers to continue testing the newly establish resistance levels. Using our knowledge regarding testing of resistance levels. The more the resistance gets tested, the weaker it becomes until a breakout will occur. During this time, as the monthly price is still far from the previous month's high. We can safely assume that the average monthly price will be met and sellers will only appear slightly lower the previous month's price or even above it. Thus, the ongoing bullish sentiment will enable the price of BOME to continue surging higher.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
