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Bonk / Wrapped Ether on Ethereum (0x403b1b747b1efb309070436c9ac99bf476f299ea) in USDBonk / Wrapped Ether on Ethereum (0x403b1b747b1efb309070436c9ac99bf476f299ea) in USDBonk / Wrapped Ether on Ethereum (0x403b1b747b1efb309070436c9ac99bf476f299ea) in USD
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Bonk / Wrapped Ether on Ethereum (0x403b1b747b1efb309070436c9ac99bf476f299ea) in USD

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BONKWETH_403B1B.USD trade ideas

If bonk validates the channel breakout here target = .00003736The previous daily candle closed with he top trendline of the channel as support and now the current candle is seeing a bullish impulse suggesting the tp trendline has been flipped to solidified support and that it could already potentially be validating the breakout. I’ve seen bigger fakeouts than this before so I’m not ready to say the breakout is confirmed jsut yet but so far probability is favoring it. *not financial advice*
COINBASE:BONKUSD
by DrDovetail
1
BONK → a valuable coin!hello guys... Bonk is Solana's social layer and community meme coin with deep integrations as a utility token across a wide base of applications and protocols within the web3 ecosystem. We aim to achieve this by expanding our growing list of integrations. bonk is bullish, why?! 1- it made an ascending channel! 2- it made a head and shoulders pattern! 3- it made another short time frame ascending channel too! targets will be: 1-0.000054 2-0.000072 3-0.000103 ___________________________ ✓✓✓ always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
PYTH:BONKUSDLong
by melikatrader94
5
Bonk/USD: Potential Bullish Breakout on Multiple TimeframesTechnical Analysis of Bonk/USD: Potential Bullish Breakout on Multiple Timeframes This analysis examines the Bonk/USD price across different timeframes, suggesting a potential bullish breakout. Here's a breakdown of the observed patterns: 4-Hour Chart: Falling Wedge Bull Flag A falling wedge pattern is identified on the 4-hour chart. This pattern is generally considered bullish, indicating a potential reversal of the downtrend. The price action is confined by two converging trendlines, suggesting buyers are increasingly absorbing selling pressure. Within the falling wedge, a bull flag pattern might be present. Bull flags are brief consolidation periods following a strong price move upwards. A breakout from the bull flag could signal a continuation of the uptrend. Weekly Chart: Cup and Handle Zooming out to the weekly chart, a larger cup and handle pattern might be forming. This pattern is also bullish and indicates a potential price breakout after a period of consolidation (the cup) followed by a pullback and a smaller, inverted cup formation (the handle). Target Price for Falling Wedge: Based on the falling wedge pattern on the 4-hour chart, the target price sits around $0.00004500. This target is calculated by measuring the height of the wedge at its widest point and adding that distance to the breakout point. Important Considerations: Technical analysis is not a guarantee of future price movements. Other factors like market sentiment, news events, and overall market trends can influence the price action. This analysis highlights potential opportunities, but it's crucial to conduct your own research before making any investment decisions.
COINBASE:BONKUSDLong
by ParabolicP
9
BONKUSD Major bullish breakout happening.Bonk is on the strongest 1W candle since February 26th 2024, with the 1W RSI having completed a bullish cross over its MA level the previous week. We are practically on the same symmetric bullish wave as then. Our target remains intact on the 1.236 Fibonacci extension (TP = 0.0000650). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BONKUSDLong
by InvestingScope
BONK Long DCA 4.7:1 RRDivergence on all exchange volume played out as expected causing a retracement here. Looking for a long entry down towards the upward trend line of the large ascending triangle pushing up to the 2940 level. Setting buys for DCA at 2600. 2500. 2400, 2300 looking for an average entry around the pocket between 0.5 and 0.68 Fib level of the last run up. Target 1: 0.00003700 Target 0.00004667 RR: 4.7:1 SL 2070, or more aggressive under the support at 2250
COINBASE:BONKUSDLong
by HolRiz
3
BONK - Trade setupTechically speaking, BONK is one of the most bullish charts I am looking at, again just my persepctive. We are close to all time highs, and memecoins continue to be leading the market when Bitcoin recovers. We’ve see PEPE be a big winner this week as well. Below are some thoughts on BONK using Fibonacci analysis. Bullish scenario BONK needs to get above the 0.618 ‘golden-ratio’ fib for this technical setup to be valid to begin with. From there the next targets is the previous high, the 1.212 fib and the 1.618 fib. From current prices, the upper target is an ~100% move. Bearish scenario A breakdown from here and making a new local low would be a bearish move, that could take some time to recover in my opinion.
CRYPTO:BONKUSD
by PHundal