#BONK
The price is moving in a symmetrical triangle on the 4-hour frame and we have a support area in green at the level of 0.00002600.
We have a higher stability moving average of 100
We have a breakout of the triangle up and a retest
Our RSI indicator has a downtrend that is about to break higher
Entry price is 0.00003296
The first goal is 0.00003883
The...
#1000BONK
The price is moving in an upward channel on a 4-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 0.02200.
We have a trend to rise above the Moving Average 100 after breaking it down
The RSI indicator has a downtrend that is expected to be retested
Entry price is 0.02350
The first target...
We have an interesting area between the 60 daily EMA and the 5 weekly EMA which have already shown excellent support in these BTC drops. BTC has already bounced off the 5 weekly EMA and this can only create an advantage over everything else. High risk trade with 6x leverage, I will close the position if the week closes below the 10 EMA.
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.
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...
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 finally broke the descending triangle after almost 2 months of consolidation.
The ideal would be for the price to retest and continue its upward movement, I am bullish wizards with altcoin season coming.
Explaining the idea of why I expect BONK to fall further.
Trend : LH's and LL's, peaks getting lower and lower, tapping into the floor of 0.00001
Volume peaks : I've marked the peaks with a red "X" both on the price chart and volume.
Decreasing volume : Every time a peak has been made, volume as fallen, and so has price. See the red arrows on price and...
Bonk is in extremely huge bull market, as you can see on the chart. I expect another pump because market never ends its uptrend in such way. We want to see a bearish divergence on the weekly chart first. if you buy now, a 500% Profit is really likely. We need to complete wave (5) to finish this uptrend. Let me know what you think about my analysis, and please hit...
SEED_DONKEYDAN_MARKET_CAP:BONK Coin Update !!
• Technically for short term price look in overbought zone on 4h &1D Chart.
• Future short trade setup possible with tight SL🚫
Current local resistance is 0.00001367 and strong resistance is clearly mentioned on a chart
BONK is slowly moving and accumulating below main trendline. I set some target for buying, but in order to buy the actual support at 0.000099 must hold. We need to see a break and retest of main trend before pumping. My first target is the resistance area around 0.000023 (more than 100% of profit) and second big target in bull run will be 0.00004 (more than 300%)
Bonk is pivoting around the 1D MA50, on a neutral RSI = 47.450. Only a 1D MACD Bullish Cross constitutes a buy signal and we expect that to be near the 1D MA200 and the 0.382 Fibonacci level. We will buy once those conditions are fulfilled and target the -0.382 Fibonacci extension (TP = 0.000260), a +6.100% rise like the one from November to mid December.
## If...
After so many highs, BONK is falling.
Why is this drop different from the previous series?
1- According to rumors, it seems that FTX has liquidated or is liquidating a large amount of its altcoins.
2- It is possible to start a bear market not only for BONK but also for the crypto market for 2 months.
I marked 3 confirmations on the chart. First of all, the...
$BONK !!!
If You Know Then You KNOB
$BONK to 0.0000007777
Good confluence with a weird wedge breakout and some fibs
$BONK is the CRYPTOCAP:SOL meme this cycle
BONK is trying to broke out from short term resistance. A retest of the trendline is possible, but the current rally on BTC could pump some alts, and BONK looks good. Stop just below local bottom, target first liquidity zone
ONK COIN PRICE PREDICTION
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 0.000015298804 and 0.000010182643
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Share your Thoughts if you have any?
