#BOME DIPPING HARD OR?
#BOME's possible scenarios have already appeared in an indecisive market. As the scenarios appeared, we have broke them down into 3 types: least likely to happen, most likely to happen and the one where we let the market decide for itself. The 1st scenario where BOME will create an impulsive wick during this time is least likely to happen as the market is on the verge of moving downwards to look for another set of supports to bounce into. As for 2nd scenario where BOME will move downwards to create more supports in order to support its reversal is most likely to happen. This is the scenario where a lot is anticipating as well with demands above and below 0.005662 are present. As for the 3rd scenario, once the market decides to move in an unexpected manner. May it be creating ranging movements near the support key level and surprises us with a massive impulsive wave will have a huge impact in the market. Thus, we are preparing ourselves for any market scenario with BOME.
Stay wise, trade cautiously.