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Bonk

BONK/USD MEMECOIN READY TO DROP HARD!! SELL NOWThe Key factor to watch is bitcoin dominance , we see ETH/BTC pair as broken down which give the flow of liquidity to bitcoin! hence all the altcoin will dry up in liquidity which will make the price of those token drop and we seeing a similar thing when you look at the meme coin king DOGECOIN BONK CHART Looks very similar to shiba inu, price which has already broke the wedge to downside so I expect to see something similar for bonk Follow me for more analysis in crypto , like and share Thank You
Short
by ShinForex1
BONKUSD: Crossed above the 1D MA50. Strong buy.Bonk turned bullish again on its 1D technica outlook as the rebound that started on the 1D MA200, crossed yesterday over the 1D MA50 after two weeks. Since the underlying pattern is a Channel Up, we consider this the bullish confirmation that this move is the new bullish wave. The previous peaked on the 1.236 Fibonacci extension. We will pursue that very same Fib target (TP = 0.0000650). ## 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/USDT Break Alert! Potential back to upward after retesting!💎 Paradisers, the recent market dynamics surrounding #BONK have indeed been noteworthy. 💎 After encountering resistance in the recent trading sessions, BONK is now poised for a potential retest of the support level. This retracement is a common occurrence following a breakout of a descending resistance area. The indicator tool MACD is the golden cross which means the price will switch to the bullish. 💎 During this retest phase, it's crucial for BONK to bounce from the support level around 0.00227. A successful bounce would signal strength and readiness to attempt another breakout of the resistance. 💎 If BONK manages to break above this resistance level, it would signify a return to bullish sentiment, with potential for further upward movement towards our target strong resistance area. 💎 However, if BONK fails to bounce from the support area and instead breaks below it, the next likely stop is the Bullish OB area. Historically, BONK has demonstrated the ability to bounce back from this zone and reclaim support. 💎 Nevertheless, if BONK fails to find support even at the Bullish OB area, it would raise concerns about the bullish trend. A candle closing below the Bullish OB area could invalidate the bullish scenario, signaling potential further downward movement. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
2
BONK ANALYSIS🚀#BONK Analysis : 🔮As we can see in the chart of #BONK that there is a formation Descending Channel.... currently #BONK is trading around its major resistance zone. Incase of successful breakout of resistance zone and pattern breakout...... we can expect 2-2.5x bullish wave in coming weeks📈📈 🔰Current Price:  $0.00002057 🎯 Target Price:   $0.00004266 ⚡️What to do ? 👀Keep an eye on #BONK price action. We can trade according to the chart and make some profits⚡️⚡️ #BONK  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
PEPE & BONK- Will they make headlines again?Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days. While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature. In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an inverted head and shoulders pattern. This pattern led to a significant surge in the coin's value, resulting in a new all-time high and a gain of around 13X in just three weeks. Following this surge, there was a normal correction that halted precisely at the 50% Fibonacci retracement level. At this point, it's likely that the correction is over, and we could anticipate another upward movement. Considering a similar rise in the future, we might expect another 10-fold increase. BONK: Had also a strong 5X rise at the end of February, followed by a correction after making the ATH that is nicely aligned with the horizontal support. Also here the correction seems over and a new strong leg up could follow. Keep in mind the nature of the coins and trade ONLY what you can afford to lose!!!
Long
by Mihai_Iacob
1
🔥 BONK: Huge Cup & Handle For Massive Profits!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 decently strong area of support. Target at 10.000 based on the idea that the pattern will break out and make new highs in the future. Combined, we can create a huge signal with a RR of over 25.
Long
by FieryTrading
9
BONKUSD broke out and is targeting 0.00045BONK (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 the previous Falling Wedge. The new 3.0 Fib extension is at 0.00045 and that is our target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BONKUSDLong
by TradingShot
2
DOGWIFHAT $WIF - Potential for a massive 10x move!Dear Traders, I was away for a while, this mainly due to holidays, but i have also started to investigate the haul around these trashtokens in the solana ecosystem. I was shocked and surprised that how much the history repeats itself. Do you guys remember the ERC-20 trash token months back in 2021 ? Yes, the similar happening nowadays. People are getting rich and more people poor by purchasing and trading these coins. But however there is a road here also which can be followed fairly safe. DOG WIF HAT! , this is what i am just showing to you guys. I don't want to give to much for the TA this time, morely want you to focus on the market and the power of communities here and there. Currently WIF are traded in 0,2$. Twitter page have more than 20k followerts in just a few weeks. Crypto.com already announced the listing of it. Others are waiting now, but there is a massive chance that this will be the newest memecoin whihc will gain massive popularity. It is still very early now to buy in. I am expecting the price will reach 1$ very fast, and then probably its peak will be at 2$. It highly depends on will it be listed on binance and other major exchange or not. Why would be good for exchanges to list WIF to their platform? VOLUME! Exactly, trade volume, they earn money by hjaving more and more people trading there. and if there is something which gained this much popularity, it is only patience what we need, because almost 100% that it will be listed. Lastly, the problem here that there is no clear and valuable meaning behind this token, that is true. But please ask yourself, how much cryptocurrency literally have no meaningful existence by the term of technology nowadays, but we still trade it ? :) We trade what is tradeable where there is volume. Imagine dogecoin, shib, bonk, BITCOIN is also useless with its't technology nowadays, the only thing that keep its price up is it's prestige.. Let's talk, discuss what you think about this solana trashcoin haul and especially this cutie, the Dog Wif Hat . :) Best of luck and don't forget, this is not a financial advise and i will never share any kind of such thing.
Long
by Arokthomasso
6
Ascending Ambitions: BONK's Breakout Beckons Bullish MomentumBONK'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 and arguments speak for my long trade here and why am entering already. Conservative traders please wait for breakout and retest before entering: Bullish Pennant Pattern: The price has formed what appears to be a Bullish Pennant pattern, characterized by converging trendlines in which the price consolidates inbetween. This pattern is typically associated with an upward breakout could be imminent. 200 EMA Support: The price is hovering around the 200 EMA (grey line), which has been acting as a dynamic support level. The price action respected in the 1H TF this EMA and got bounced off it recently suggesting an upwards momentum. Breakout Potential: The setup indicates the expectation of a breakout to the upside, as shown by the arrow emanating from the apex of the wedge. A breakout above the upper trendline of the wedge would confirm this bullish bias. Volatility: It's essential to recognize that BONK, as a meme token, may exhibit high volatility and atypical market behavior, which can result in both rapid increases in value and sharp declines. Entering a long position in BINANCE:BONKUSDT based on this setup would be contingent on a confirmed breakout from the falling wedge pattern, supported by volume and a retest of the trendline in the ideal scenario. Traders should execute such trades with a clear risk management strategy due to the inherent volatility of meme tokens. A disciplined approach to profit-taking and stop-losses will be essential to navigate the unpredictable swings of BONK's market movements. As for me i decided to go as usual with 200% TPR for a not greedy but enough trade for this move.
Long
by Lucas_CryptoLab
Analysis BONKUSDT 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 seems to be a significant support level, while 0.00007000 represents a potential resistance where you plan to take profits. Technical Indicators: You can use technical indicators such as moving averages, RSI (Relative Strength Index), and Bollinger Bands to confirm the strength of the uptrend and the potential for price movement towards the desired profit level. Fundamental Analysis: News and Events: Look for recent news and events regarding BONKUSDT or the associated project. Positive or negative developments can influence short-term price movements. Adoption and Usage: Evaluate the adoption and usage of BONKUSDT in the real world. Increased usage can lead to higher demand and price appreciation. Risk Management: Stop Loss: Set a stop-loss level below your demand zone at 0.00002890 to limit losses in case of adverse price movements. Position Size: Ensure proper position sizing based on your available capital and risk tolerance. Continuous Monitoring: Monitor market movements closely and adjust your strategies accordingly to minimize risks. Conclusion: Based on your analysis, buying at the current demand zone of 0.00002890 with a profit target at 0.00007000 seems to be a viable strategy. However, make sure to manage your risks properly and stay informed about market developments to make informed decisions.
Long
by CRYPTO_SETUP
5
March is the month of correctionsThe 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 entire first half of the current annual candle have increased. However, at the moment we are approaching the end of the quarter and it is time for a correction with bearish retaliatory strikes. In this regard, further growth becomes an extremely difficult task, mainly it is worth hoping for successful cancellation and repayment of market corrections. The first blow can be expected this week. If the correction starts today, there is a chance to check 3250 by the middle of the week with a further payback by the end of the week. If the growth continues today or tomorrow from 3400, there remains the possibility of a breakdown of 3750 during the week, which will give a signal to go to 4500-5000 in the future. This scenario remains more likely for now. This month, the crypt will be particularly sensitive to the coming statistics on the dollar. At the moment, the main growth has been shown primarily by individual strong and actively advertised projects. If the quarterly bullish candle is held, we can expect a new wave of alt growth with significant interruptions, since medium-term purchases for large investors and investments in developing projects will become reliable. In this case, the probability of the beginning of such an altseason should be expected from the second half of March with a continuation until the beginning of May. chz gft and df, which I recommended for safe medium-term investments, took rather high targets, and the probability of a rollback prevails against the background of market disruptions this month. Today, vib looks more suitable for this. OAX cvp drep ooki asr atm still have the highest unworked targets up to 100%+ from current levels, which can help them compensate for market pullbacks and continue growth with subsequent major breakouts.
BITSTAMP:ETHUSD
by Strateg_
2