BONK / USDT Trading strategy update v2After the success of the last trading strategy published about SEED_DONKEYDAN_MARKET_CAP:BONK , here is an updated one.
I am trading myself, so I am conducting this research personally and sharing it with you. I can be wrong, so always do your own research (DYOR).
We just got a nice pump from CRYPTOCAP:BTC , resulting in a 20% pump for some coins. SEED_DONKEYDAN_MARKET_CAP:BONK was one of them.
What did we learn?
SEED_DONKEYDAN_MARKET_CAP:BONK is a very reactive coin; you can make 2% in 15 minutes or lose it.
SEED_DONKEYDAN_MARKET_CAP:BONK lagged behind CRYPTOCAP:PEPE ; it seems that many people sold CRYPTOCAP:PEPE at its peak and then purchased $BONK.
SEED_DONKEYDAN_MARKET_CAP:BONK is very liquid, making it great for market buy/sell sniping. You can buy or sell $100k worth without it being noticeable (try doing that with a smaller coin!).
SEED_DONKEYDAN_MARKET_CAP:BONK is heavily washed. For example, I had a $150k trade to sell, and it blocked SEED_DONKEYDAN_MARKET_CAP:BONK at the same price for 10 minutes. Apparently, at that time, I was a block. This means that most trades are done by bots. But who cares? Binance does this with some coins they like or hold a lot of.
SEED_DONKEYDAN_MARKET_CAP:BONK can retrace 74% from a pump, so be careful not to hold after a pump.
What can we expect now?
I assume that we have all sold at the top; it is the right thing to do. Now we will have a pullback, as all the coins will. SEED_DONKEYDAN_MARKET_CAP:BONK could be hit hard.
On the chart is my expectation: first, a pullback to the support/neckline of the head and shoulders formation, then a pump to the upside, with the targets being 3030/3361/3815.
Anything can happen, so be careful with your money.
Bonk
#BONK went up 137X versus Shiba Inu. And will likely flip it!But what if you hold #Shib and are looking at this chart? and want to dump one dog coin for the hot one.
FoMoing now could be disastrous.
Maybe there is a chance of a pullback in this ratio
to 1:1
if that occurs, It could provide an opportunity to rotate.
BONK to 25billion Market Cap 🔨Bonk Token's integration with the Solana blockchain is poised to bring significant traffic and a surge of participants to the Solana ecosystem. This token may create the same effect as Doge and Shiba. Main idea is simple... Bring as much as people from meme space...
It's not a bad idea to buy each big correction if you missed the bottom just like many other people./not financal advice/
This token started with 5-10 millons of market cap. and it already exceed the 1billion. it's around 250x. So always be careful with playing such tokens.
After correction this may go up to 25-50 billion USD market cap
This is just a simple analysis to follow the track not a financal advice...
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:
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#BONK/USDT#BONK
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
We have a support area at the lower border of the channel at 2.20, from which it is expected to bounce due to its strength
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold resistance on the RSI indicator to support the rise with a strong uptrend
Entry price is 0.00002300
The first goal is 0.00002958
The second goal is 0.00003345
The third goal is 0.00003767
🔥 BONK On A Run: New Highs Soon!In my last BONK analysis I discussed the bull-flag pattern and the expected reversal from the support. The trade was a great success, congratulations!
Since we broke through the resistance on high volume, I'm expecting that BONK will make a move towards the 5000 area (March top).
If BTC manages to make a new all-time high in the near future it can mean that BONK can see much more gains from this point.
🔥 HONK: New Memecoin On The Block - You're still early!Memecoins like PEPE, Bonk, Floki etc. have been performing extremely well over the last few months. Their usecase is debatable, but does that really matter when a token rises 1,000%?
Where most memecoins have already seen a massive upwards move, HONK has seemingly just started after it rose over 150% over the last two days.
With a marketcap of around 5 million, this token can see some very decent upside if more investors start looking at it. Seeing that Bonk has a 3B marketcap, I don't see why Honk couldn't get to 1B at least.
A 20x is far-fetched, but we all know that everything is possible in bullish conditions. Seeing this signals' risk-reward is over 35, a small investment (with an even smaller loss) can result in a potentially massive gain.
BONK/USDT LOOKS READY FOR A 100% PUMP!!Hey everyone! If you find this analysis valuable, please consider giving it a thumbs up and following for more content.
BONK is forming a potential inverse head and shoulders pattern. A confirmed breakout above the neckline could signal a significant price increase.
Here's what to watch for:
Breakout Confirmation: A candle close above the neckline strengthens the bullish case.
Volume: Higher trading volume on the breakout can increase confidence in the signal.
Possible Entry & Targets :
Entry: $0.025-$0.028
Potential Targets: $0.034, $0.042, $0.048, $0.060
Stop-Loss: $0.022 (Consider risk management strategies and set a stop-loss that suits your risk tolerance.)
Let's discuss it!
What are your thoughts on BONK's current price action? Share your analysis in the comments below!
BONK2SOL: Attempting to be Supportive above the 0.618/0.236 ZoneBONK2SOL is currently trading above the log scale high to low 0.236 and the linear scale 0.618 Fibonacci Zones which happen to be confluent with one another, in addition to that the 21-Day SMA has come in at these zones and also seems to be adding a bit of support here. If BONK2SOL can hold these levels, I'd picture it as some sorta Bullish Consolidation that could eventually lead to a Breakout targeting some of the higher log scale High to Low Fibonacci levels, potentially stretching all the way up to the log scale 1.618 Extension.
Last 48 hours for ascension. $WEN #WEN @whalest_ @wenwencoinHello everyone, friends. I know your last days have been full of stress. As you can see in the graph, there are hours left before your stress ends. If bitcoin does not shake the market, we are on the rise. Things will get better when we cross the yellow line. I hope everyone has their tickets and bags ready. I wish everyone a safe journey.
WARNING: This is not financial advice.
BONK A Small UPDATE! I will keep updating the main post.This update can be wrong %100 . Please follow the main idea where I update regularly
Link below.
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*About the next leg up... it can start at the end of this month or summer hard to guess it at the moment. This idea can be right at both scenarios. 2 months sideway correction and pump in summer or Chill till the end of this month and April May bullish.
Be carefull not a financial advise.
🔥 BONK Bull-Flag Signal: Prepare For ReversalBONK has reversed from the previous local top, making it a double top reversal. I'm not betting on further bearish price action, but in case it does, I'm waiting for the price to reach the bottom diagonal support for a quick reversal entry.
Target at the top resistance, stop below the most recent local low.
1000bonkusdtOn 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