PONKE - LONG - Good opportunityPONKE is now ready to give us a chance. Despite being pretty late, it is still in a good place for daily timeframe. This is a risky trade because the stop loss is tight; you can use an extended stop (SL 2), i will move it if I see a lot volatility. These currencies are also very volatile, be careful.
TP 1: 0.42 ~ 0.45
TP 2: 0.54 (best)
TP 3: 0.60 (It's not very likely, but it could be).
SL 1: 0.3075 (risky)
SL 2: 0.28 (good)
Ponkeusd
PONKE ready for a new ATH?#PONKE is breaking out of a bullish pattern inverse head & shoulders with decent bull volume. It’s clearly has the bullish momentum and is as we speak retesting.
It’s heading towards the previous local highs and in the long run the ATH could be attacked.
For the targets see the chart.
Happy trading!
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MEXC:PONKEUSDT BYBIT:PONKEUSDT.P BYBIT:PONKEUSDT CRYPTO:PONKEUSD KRAKEN:PONKEEUR KRAKEN:PONKEUSD POLONIEX:PONKEUSDT BITGET:PONKEUSDT MEXC:PONKEUSDT.P HTX:PONKEUSDT KUCOIN:PONKEUSDT GATEIO:PONKEUSDT WOONETWORK:PONKEUSDT CRYPTOCOM:PONKEUSD BINGX:PONKEUSDT.PS RAYDIUM:PONKESOL_5UTWG3.USD ORCA:PONKESOL_CENOKC.USD
PONKE aiming for a new ATH?#PONKE is breaking out of a bullish pattern inverse head & shoulders with decent bull volume. It’s clearly had the bullish momentum.
It’s heading towards the previous local highs and in the long run the ATH could be attacked.
For the targets see the chart.
Happy trading!
Like my content? Give me a follow and also on X @KennyCryptoNL
PONKE is hiding something interesting...PONK Update
We entered at $0.45 and are currently up around 60%.
I see this meme coin reaching a market cap of approximately $1 billion. However, the journey will be volatile with significant fluctuations.
The price range of $0.80 to $1.00 will likely act as a resistance level, as PONKE would have a market cap of around $500 million at that point. Many other meme coins also have similar market caps at this level. You can take out your seed money around $0.80.
Beyond that, the extended targets are $1.40 and $2.00.
Hold your position for now.
Fair value gap to be filled?In the previous downward channel, which was already broken, there is a bullish head and shoulders formation. We can also see that there is a fair value gap at the 0.50 - 0.55 level. An oversold RSI may appear when we reach that level which will back the bullish scenario.
Memecoins are highly correlated to Bitcoin, and now that Bitcoin has been on a two-week long upward rally, a correction might be happening soon. Not to mention, although Germany has finished selling their Bitcoin, uncertainties surrounding the Mt. Gox payouts still loom. Could it be the catalyst for a retracement? A Bitcoin correction will pull Ponke back to a good entry level.
Ponke has a very strong community, most prominently their Instagram page which has over 350k followers and garners millions of reel views. At current prices they stand around 300M market cap which in my opinion is highly undervalued given their popularity.
If we get a good entry around the 0.5 mark, I will be targeting 1.8, which is around 1B market cap.
PONKE from 2.50 to 0.180 discount. No brainer, SEED!Another meme coin to watchout.
This went parabolic on its listing day going from 2.50 to being trimmed down heavily to 0.1800 levels.
Now from the current data metrics, this is gradually shifting again with longs slowly piling up again.
Buyers are taking advantage of the discounted bargain levels and the 'light' MCAP numbers. This may give some multiple x price growth prospect. Returning to 2.50 will be the first interim target. If you know how PEPE has behaved in the past you already know the possibilities of this one.
The current range is an ideal seeding opportunity. The ticket is cheaper now.
Spotted at 0.180.
Again this is a meme coin, so be mindful. Volatility will always be a factor and sometimes the ETA of an expected move don't come sooner. But if you can wait, while you let your seed take it's time to sprout and grow - it will be worth it in the end.
Not a lot of people know this one yet -- but once this coin picks up, It will be too late, just like BONKS/PEPE's before the 20x era.
Buying a cheap ticket won't you hurt that much. :)
TAYOR.