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BONKUSDT

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.
Long
by CryptoNikkoid
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...
Long
by MinimumWagerLvl1
71
#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
Long
by CryptoAnalystSignal
BONK - Trade setupTechically speaking, BONK is one of the most bullish charts I am looking at, again just my persepctive. We are close to all time highs, and memecoins continue to be leading the market when Bitcoin recovers. We’ve see PEPE be a big winner this week as well. Below are some thoughts on BONK using Fibonacci analysis. Bullish scenario BONK needs to get above the 0.618 ‘golden-ratio’ fib for this technical setup to be valid to begin with. From there the next targets is the previous high, the 1.212 fib and the 1.618 fib. From current prices, the upper target is an ~100% move. Bearish scenario A breakdown from here and making a new local low would be a bearish move, that could take some time to recover in my opinion.
CRYPTO:BONKUSD
by PHundal
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!
Long
by CoreCrypto1
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 Follow me for more analysis in crypto , like and share Thank You
Short
by ShinForex1
BONK - FAKE TRIANGLE PATTERN ! Be aware HAMSTERS 🐹!!!BONK is currently trading within a symmetrical triangle pattern on the 1-hour timeframe. This pattern is characterized by converging trendlines connecting a series of price highs and lows, creating a triangle shape. Symmetrical triangles are often considered continuation patterns, suggesting that the price is likely to break out in the direction of the prevailing trend. Downward Breakout and Imbalance: BONK has recently experienced a downward breakout from the symmetrical triangle pattern. This breakout suggests a potential shift in momentum towards the bearish side. However, it is important to note that false breakouts can occur, and further price action is needed to confirm the breakout's validity. Unfilled Imbalance: Within the symmetrical triangle pattern, there is an unfilled imbalance zone between $0.55 and $0.60. This imbalance represents a price area where there is a higher concentration of sell orders compared to buy orders. Imbalances can act as magnets, pulling the price towards them to fill the excess orders. Potential Retest and Bullish Breakout: Given the downward breakout and unfilled imbalance, two scenarios could unfold: 1. Retest of 0.5 Imbalance Level: The price could retest the 0.5 Fibonacci retracement level of the imbalance, around $0.575. This retest could serve to shake out weak hands and accumulate liquidity before a potential reversal. 2. Breakout of Symmetrical Triangle: If the price can hold above the 0.5 imbalance level and reclaim the symmetrical triangle pattern, it could signal a resumption of the uptrend. A potential target for the breakout would be the $0.70 resistance level. Significance of False Breakouts: False breakouts of symmetrical triangles are often considered bullish continuation patterns. This is because they can shake out weak hands and trap liquidity on the wrong side of the market, potentially fueling a subsequent breakout in the opposite direction. Overall Outlook: BONK's price action suggests a potential breakout from the symmetrical triangle pattern, with the possibility of a retest of the 0.5 imbalance level before a potential bullish continuation. While a downward breakout has occurred, false breakouts are common in this pattern, and further price action is needed for confirmation.
Long
by Yaroslav_Krasko
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🌴
by MyCryptoParadise_Nathan
2
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
Long
by ZEUS_Market_Alerts