On BonkUSDT, a head and shoulder pattern is clearly visible.
There are two ways to play this breakout: first, look for the volume for a long.
The second trade is a fake breakout, and these are typically more successful than true breakouts.
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Zac
One of the possibilities to enter long is this. OBVIOUSLY, I'M NOT A VIEWER AND IT MAY BE THAT THE MARKET WILL REACT OTHERWISE.
But if it reacts this way we can face a few more dollars in an trade with very positive risk and reward.
LOGIC BEHIND THE TRADE
THE MARKET MADE A FALSE CHANGE OF CHARACTER, leaving a strong order block region,i recommend to enter...
#1000BONK/USDT SHORT ENTRY
Leverage: 3x
Entries: $0.023758
Take profit 1: $0.022642
Take profit 2: $0.020113
Take profit 3: $0.015185
Stop Loss: $0.026807
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced. BINANCE:1000BONKUSDT.P
LONG in box
Confluence:
FIB golden pocket
D and 3D pocs
OB 1h
Additional confluence:
RSI bull div on 5m or 15min or 30min
SL manual.
I'm learning crypto, comments on idea are appreciated.
im just doing this so when we all lose our money in the worst wat possible then we can at least look back on this and laugh. ... weird that now i actually feel it can happen lmao
im just doing this so when we all lose our money in the worst wat possible then we can at least look back on this and laugh. ... weird that now i actually feel it can happen lmao
After returning to the previous ceiling, bonk rejected just near the 0.618 fibo. Therefore, it is expected that it will first break the bottom of 0.025 and then pull back towards the last LH. In that area, we can have a short position with a stop a little higher than the last LH.
Disclaimer: Before proceeding, please note that the following information is based on technical analysis and should not be construed as investment advice. Always conduct your own research and, if necessary, seek advice from a financial professional.
I've been watching this asset for a few weeks and all the manipulation has been done, by my indicators, there has...
LONG #1000BONKUSDT from $0.028485
2h TF. The instrument has formed a cascade of several resistance levels, behind each of which I expect to see the stops of the shorts of the participants who opened positions from them. Active compression and a local increase in volumes indicates the interest and strength of buyers.
I expect to see the formation of consolidation...
#1000BONK breaking the Bullish Flag Pattern upwards in 1-Hour TF!
I will wait for a successful retest to Long $BONK. #BONKUSDT bounced from PML $0.019275 support level and currently testing PDH $0.0215. The next local resistance level is PWH #0.02225.
Ive marked out key areas below to find support.
These levels are fib 618 levels, breaker blocks with volume info, vwap yearly snap points, imbalances and Points of Control untapped. ndPOCs.
I have no idea where the market is going but "if" it goes down then these levels could be amazing supports.
look at my Total market chart for better bias as we move...
#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.
In the dynamic world of cryptocurrency trading, precision and foresight are paramount. Our analysis of 1000Bonk/USDT.P reveals an intriguing opportunity rooted in the Smart Money Concept (SMC), providing a roadmap for potential gains amidst market fluctuations.
Over the past day, 1000Bonk/USDT.P has surged to considerable heights, but signs indicate an impending...
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
LONG #1000BONKUSDT from $0.024325 stop loss $0.020553
15m TF. The coin is trading at increased volumes ($803M in 24 hours). After the rise, the price formed a triangle. They have gained a foothold above the POC level. I expect a rebound from the support level and a breakdown. The target is 0.024325
