#BONK/USDT#BONK
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 0.00001825, which acts as strong support from which the price can rebound.
Entry price: 0.00001883
First target: 0.00001967
Second target: 0.00002078
Third target: 0.00002222
Bonksignals
BONKUSD going at least x10 from here!Bonk (BONKUSD) just formed a Golden Cross on the 1D time-frame and having broken above its current ATH Resistance (March 04 High), it is expected to rise parabolically from here.
To back this up, that is exactly what took place after the previous 1D Golden Cross a year ago (November 08 2023), when again the price broke above Resistance 1 and turned parabolic to the 3.0 Fibonacci extension, completing a +20200% rise from its bottom.
If a new +20200% rise seems unrealistic to you (it would however form a perfect Higher High at the top of the long-term Channel Up), then you can target the 3.0 Fibonacci extension at $0.0006650, which represents a +1100% rise from the current levels. A x10 opportunity indeed.
-------------------------------------------------------------------------------
** 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. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇