I can clearly see cup & handle formation in BONK at daily timeframe, which is bullish pattern. Here 0.00002 area is holding and is expected to move towards 0.00005 zone in few days.
BONK is on the verge of creating a double top, with a possible retracement target at $0.0000193, aligning with the 0.5 Fibonacci retracement level. It appears significantly overvalued. In my view, this meme coin bubble is poised to burst soon.
In this analysis I want to take a closer look at BONK's cup and handle pattern and the potential massive trade we can make based on it. I'm aware that the handle is not perfect because of the wick, but I still deem the pattern valid enough for a trade. The 2000 area seems to be holding on two separate occasions now, which makes me believe we can use it as a...
I posted this setup one month and half ago. Perfect trade, and perfect execution. It just hit tp and dropped. Actually price reached an interesting buy zone. I expect a downside moves before a great pullback, target new highs
BONK (BONKUSD) broke above its December 15 2023 High and as it has turned the 1D MA50 (blue trend-line) into Support following the Falling Wedge break-out, it is now aiming for a new High. Based on the 1D RSI price action, we might be at a post accumulation rally as in early November. That rally peaked marginally below the 3.0 Fibonacci extension from the start of...
Dear Traders, I was away for a while, this mainly due to holidays, but i have also started to investigate the haul around these trashtokens in the solana ecosystem. I was shocked and surprised that how much the history repeats itself. Do you guys remember the ERC-20 trash token months back in 2021 ? Yes, the similar happening nowadays. People are getting rich...
Hi All, Decent Hidden Divergence here on the Bonk 5Hr, I waited for Momentum to pick up and have put in for a 25% long scalp. Looking to TP 60% and hopefully let the rest run into new price discovery. Cheers, BB
BONK's technicals are flashing signs of an impending bullish shift. This intriguing setup presents a potential long entry before the god candle builds, from a classic falling wedge formation to an RSI divergence, each thread weaving a strong narrative for a potential upside reversal. The Setup is only for the lovers of the volatility in memes. Following reasons...
Here's an analysis of BONKUSDT, based on your strategy of buying at the current price of 0.00002890 and taking profit at 0.00007000. Analysis of BONKUSDT: Technical Analysis: Current Trend: The trend of BONKUSDT appears to be upwards, with a recent price correction creating a demand zone around 0.00002890. Support and Resistance: The demand zone at 0.00002890...
The market once again worked exactly according to the expected scenario with a breakdown of the key level of 3500. The bulls' goal has been achieved, there is a technical signal to maintain purchases, which will reduce the activity of sellers and the risk of a reversal of the quarterly candle. In the mid-term, the chances of maintaining a bullish trend for the...
There is a potential high level Butterfly pattern on Bonk. I see ATH very soon with this as BTC is getting primed to see ATH. Thank you
CRYPTOCAP:BONK , the latest sensation in the meme coin universe, continues its meteoric rise, sustaining a staggering 137% rally following its listing on the popular trading platform Robinhood. As the meme coin frenzy grips the market, BONK's inclusion on Robinhood's platform has sparked a renewed surge in investor interest, propelling its price to new...
💎 Paradisers, focus on #BONKUSDT as it's stirring excitement in the market! Targeting a key demand zone, a bullish breakout seems just around the corner. 💎 Navigating #BONK's journey, we've observed its descent through a descending channel, yet it's gearing up for an upward trajectory from a demand level at $0.00003543. Holding momentum at this vital point could...
Two potential channels here to consider on this double bottom breakout on BONKUSD (of which its possible for both to be valid). We will see soon enough if both targets get hit. Based on the current overall bull cycle I’d say probability is high they are both hit *not financial advice*
BONKUSDT(Bonk) Daily timeframe range. tons of opportunity in either side as its in peak of price discovery. for now its stuck within 0.00001832- 0.00002637. as its fairly new and with packed volume breaking 0.00002637 wont be a problem but depends on holders from before its launch.
Bonk rising steady. At a hurdle now. If clears it, I would long to at LEAST the next fib or trendline.
💎 Paradisers, let's turn our focus to #BONKUSDT, as it's showing signs of a potential significant move from a crucial demand level. 💎 #Bonk is on an upward trend, indicating a likely bullish breakout from its current demand zone. We're anticipating a retest of the demand level at $0.0000097, with a significant supply zone just on the horizon. If #BONK holds above...
💎 Paradisers, set your sights on #BONKUSDT, which is currently demonstrating bullish potential from its support zone. 💎 #BONK has encountered resistance at $0.00001601, leading to a slight setback. However, the price is now nearing a previous resistance zone that's serving as support at $0.0001320. Maintaining momentum here could significantly increase the...