Bome price trend analysis
Bome's current 1-hour price trend is rising, and the latest price is 0.008982 USDT.
The following is the analysis of buying and selling points and price trends:
Buying and selling points:
Buying point 1: 0.009000 USDT (EMA(7) and EMA(30) are about to form a golden cross, and a pullback to this point may be a good buying opportunity)
Buying point 2: 0.008700 USDT (close to the recent low, if it drops to this point, it may attract buying)
Long stop loss point: 0.008500 USDT (set below the recent low to avoid small fluctuations triggering stop loss)
Selling point 1: 0.009200 USDT (partial profit taking can be considered during short-term rebound)
Selling point 2: 0.009400 USDT (close to the high point of October 15, a higher selling target)
Short stop loss point: 0.009600 USDT (if the price breaks through the recent high, it is suitable to set a stop loss)
Price trend analysis:
K-line pattern: Recent price fluctuations have intensified, and a large amplitude appeared on October 15, indicating market uncertainty. The K-line body is shortened, and the buying and selling forces are relatively balanced.
Technical indicators: MACD indicator shows that the potential upward momentum is increasing, and KDJ is close to the low level, which may indicate that a rebound is about to occur. EMA indicator shows that the gap is narrowing. If EMA (7) crosses EMA (30) upward, the upward trend may be confirmed.
Trading volume: After the peak on October 15, the trading volume gradually decreased, and we need to be vigilant about the risk of price correction; the trading volume in the latest cycle has increased. If it continues to increase, it may support price increases.
