🦊 BONK🦊 is Ready to Pump🚀➕30%🚀
Updated
🔥In the past few months, memecoins have been doing very well and they have very good profits for their followers. It seems that these few months have been 😂memecoin season😂; although many people are against this type of token, the fact is that there were good profits in these few months.
🦊Today I want to analyze one of the popular memecoins these days. The name of this meme is BONK.
🏃♂️BONK is moving near the 🟢Support zone🟢 and 🟡Potential Reversal Zone(PRZ)🟡.
🌊According to Elliott's theory, BONK seems to be completing wave 4.
📈In terms of Classic Technical Analysis, BONK has succeeded in breaking the Neckline of the Inverse Head and Shoulders Pattern in the Daily time frame.👇
💡Looking at the BONKBTC chart, we can see that BONKBTC has managed to break the neckline of the Double Bottom pattern, and this is a sign of BONK's better situation than Bitcoin.👇
🔔I expect BONK to rally at least another 🚀➕30%🚀 and attack the 🔴Resistance zone🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bonk Analyze (BONKUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🦊Today I want to analyze one of the popular memecoins these days. The name of this meme is BONK.
🏃♂️BONK is moving near the 🟢Support zone🟢 and 🟡Potential Reversal Zone(PRZ)🟡.
🌊According to Elliott's theory, BONK seems to be completing wave 4.
📈In terms of Classic Technical Analysis, BONK has succeeded in breaking the Neckline of the Inverse Head and Shoulders Pattern in the Daily time frame.👇
💡Looking at the BONKBTC chart, we can see that BONKBTC has managed to break the neckline of the Double Bottom pattern, and this is a sign of BONK's better situation than Bitcoin.👇
🔔I expect BONK to rally at least another 🚀➕30%🚀 and attack the 🔴Resistance zone🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bonk Analyze (BONKUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Note
It can be a good Long position, but maybe you can find a better Entry Point.BONKUSDT(SPOT)
🟢Position: Long
✅Entry Point: 0.00003144 USDT (Limit Order)
⛔️Stop Loss: 0.00002880 USDT
💰Take Profit:
🎯0.00003696 USDT
Risk-To-Reward: 2.09
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
Trade active
ManuallyNote
NEW position
Trade closed: target reached
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