$BONK / USDT ready for another parabolic move?
BBONK is one of the most explosive memes in the top 100 crypto. Handle with care, as it can blow up at any time. It is the "official" meme of Solana. While, like CRYPTOCAP:FLOKI, the meme itself is horrible, the community is huge and active.
BBONK experienced a 30% pullback and is ready to pump again by 29%. If it passes through the $0.00003586 resistance, there is nothing to stop it until $0.00004424.
The Ichimoku Cloud is again in the green, and the two lines have crossed, which is bullish on a 1-hour timeframe.
There is a directional trendline showing the potential for a parabolic move, if it happens.
Right now, BBONK is crippled by a 1-hour bearish MACD, so we might see some pullback to the support at $0.00003335.
If
BTC continues its uptrend, there is no reason why this would not happen.
It is a meme; it is a very risky idea, so DYOR as always.
BBONK experienced a 30% pullback and is ready to pump again by 29%. If it passes through the $0.00003586 resistance, there is nothing to stop it until $0.00004424.
The Ichimoku Cloud is again in the green, and the two lines have crossed, which is bullish on a 1-hour timeframe.
There is a directional trendline showing the potential for a parabolic move, if it happens.
Right now, BBONK is crippled by a 1-hour bearish MACD, so we might see some pullback to the support at $0.00003335.
If
BTC continues its uptrend, there is no reason why this would not happen.It is a meme; it is a very risky idea, so DYOR as always.
Note
All is moving according to plan. All signals are in the green (RSI, SRSI, Ichomuki etc...) the only problem is still the downtrend in the oscillators on the 1H timeframe.Once the 1H has bottomed (about 4-5h up to 10h) we will have all oscillators in the green which is a sign of pump that the market makers will identify and they will jump in. Let's pray that all is following this plan and that
BTC will not get a puke just when we are ready to take off!Note
I have updated this chart, please visit 
Trade closed manually
This BBONK TRade was invalidated by a bear market episode. I close it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.