🔥 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
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
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
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Bonk, Elliott Wave If you find this information inspiring/helpful, please consider a boost and follow!
Giving up a pretty decent Elliott Wave pattern here,
but this pattern can be a bit tricky.
So watching how it plays out can be one way to potentially gain some clarity and the next move.
If it breaks down I would be looking for it to fall into the 50% and depending on how the waves print, looking for a potential long.
If it breaks up, would try and play the retrace.
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).
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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🌴
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
BONK - Key Levels of Support BelowIve marked out key areas below to find support.
These levels are fib 618 levels, breaker blocks with volume info, vwap yearly snap points, imbalances and Points of Control untapped. ndPOCs.
I have no idea where the market is going but "if" it goes down then these levels could be amazing supports.
look at my Total market chart for better bias as we move further.
Not Ever Financial Advice.