BONK waiting for supply areaBONK
currently waiting for supply area to be reached, and from there we could get clearer image were we heading
1000BONKUSDT.P trade ideas
bonk is pulling backIt will hit the broken trendline full pullback on the one-day time frame at 0.0198 and then fly away.
BONKUSDT: Bullish Momentum After Breakout!BONKUSDT has successfully broken through key resistance and trendlines, setting the stage for higher highs. With the MEME frenzy in full swing, we could see a significant price movement ahead! Remember to keep your stop loss in place to manage risk. This is a potential opportunity you won’t want to miss!
BONKUSDT Currently trading at $0.0256
Buy level: Above $0.0235
Stop loss: Below $0.02
TP1: $0.027
TP2: $0.033
TP3: $0.04
TP4: $0.045
Max Leverage 3x
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
$BONK SHORT TRADEWith the market showing negative move especially after CPI data - BONK seem to fall under the resistance.
Possible Limit zone marked for the short entry - Stops go active at break-even once we correct 10% ($0.0175)
Good Luck!
BONK TRADE SETUPHello Folks !!
We can see BONK in a lower trend for the last two days. Currently, it is trading at .0283 and still in a downtrend. We can see immediate support between .274 to .0279.
We will wait till the price touches this point and put p [roper SL. IN case the channel breaks upward, we can see short term movement of around 20% and 40-50% in the long run with targets between .032 to .038
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your own research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
I Will Buy 1000Bonk if it follows my strategyWell, on the lower timeframe, there are Order blocks and fair Value Gaps that I expect the price to fill before continuing the uptrend. We have our POI at the resistance zone, which I expect price movement to takeout. I also take note of the RSI and search out for divergence when making this analysis.
LONG #1000BONKUSDTLONG #1000BONKUSDT
The asset maintains an upward structure. At the moment, the asset has been adjusted to a block order from which an active reaction is visible.
I expect an upward exit in order to update the local maximum and break the downward structure on a more severe time frame, as well as collecting liquidity pools at the levels of 0.029715 - order block, 0.031217 - imbalance.
At these levels, I set the first take profits
1000BONKUSDT.P1000BONKUSDT.P is in bullish trend.
Bearish divergence also shown in RSI.
Rising wedge reversal pattern also form .
We wait and watch for the breakout of wedge pattern.
$1000BONK - UpdateSo far still on the line.
The price posibble small correction to our buy zone and start to up movement till the end of August and September is time to correction to retest the botton line of the channel.
Please DYOR before take a position and make a decision.
Always use stop loss whatever your position.
$1000BONKMy 1000BONK roadmap for this month.
Invalid if price break above $0.02835
As you know, our spot for CRYPTOCAP:BONK running well 👍
Please dyor before you make a decision.
BONK PlanAnother short position is loading on BONK. It's currently accumulating within this range. You can take a short position off the liquidity sweep, but if we strongly close above, expect a push higher. Keep an eye on the 4-hour closes, as they will be important indicators.
BONK is in the buying zoneBonk Currently holding at the Daily S/R Zone.
Its in discount zone of daily timeframe.
the green trend line is can be support of it and then it can fly again like before.
its not a financial advice. Please do your own research before investing..
BONK Bullish Momentum BINANCE:BONKUSDT BYBIT:BONKUSDT BITGET:BONKUSDT
Structural changes in a larger timeframe
Testing Moving Average 21 and 34 (4-hour chart)
BONK - Two scenarios$BINANCE:1000BONKUSDT (1D CHART) Technical Analysis Update
BONK is currently trading at $0.02388 and the price is currently at the support zone and currently uncertain on in which direction will the price move. We have two trade possibility here, if the price bounce backs from the support then we can enter a long trade, if the support breaks then we can enter a short trade.
--- LONG Trade ---
Entry level: $ 0.025727
Stop Loss Level: $ 0.021041
TakeProfit 1: $ 0.029562
TakeProfit 2: $ 0.034171
TakeProfit 3: $ 0.043035
--- SHORT Trade ---
Entry level: $ 0.020010
Stop Loss Level: $ 0.024466
TakeProfit 1: $ 0.017673
TakeProfit 2: $ 0.015517
TakeProfit 3: $ 0.012212
Max Leverage: 5x
Position Size: 0.5% of capital
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
Memecoins are great for Catching Knives: Honest ReportWe've seen memecoins holding top positions in exchange top lists of symbols traded by volume as well as being all the rage in the news for quite some time. I decided to launch my AlgoTrading System into the uncharted territory of memecoins, and the results surprised me.
Based on a month's worth of trading data, memecoins have shown excellent mean-reversion characteristics compared to other altcoins that my system has traded before (such as OP, INJ, ARB, and many others).
During market downturns, memecoins tend to exhibit stronger price rebounds from significant horizontal levels compared to other coins. In such instances, price action demonstrates notable upside momentum, indicating high demand.
This characteristic makes memecoins a favorable asset for high-probability long-only scalping strategies and setups.
Why long only? This is the second topic I wanted to touch on. Let's look at BONK: it's market maker is GotBit - a russian company which is one of top world leading market makers. In the recent year their CEO Alex Andryunin started to appear on many podcasts and interviews (in russian language).
In an interview, he literally said that they made a significant profit by liquidating SHORT traders. Although I am not an expert in the relationship between market maker firms and exchanges, I believe MM firms receive some kind of reward or incentive for each liquidation. So, when retail traders were not confident that the price would increase (or after the market maker "drew" this message in the chart), more and more people were opening short trades. Once a critical mass of open interest was on the books, GotBit was able (possibly, not trying to accuse anyone!) to push the price up. Retail traders were then trapped, and given the sharp price movements in memecoins, they were slow to take the loss by exiting, so many people were liquidated.
More and more people look at the chart and think, "These short traders are getting REKT! Now it's time to short. The market maker got his prey, so the price will reverse!" And a new group of traders hop on that wagon...to HELL :)
This is just my theory. It could be that memecoins are so interesting for long scalping setups because market makers are more interested in short sellers.
I don't like when people only talk and provide no proofs. This is trading after all, so where are the trades, right? Here you go!
I think it proves the point, so keep an eye for long bounces on MEME coins!
Thank you for your time reading this article! I hope you found some insight in this information.
And what do you think? Let me know in the comments!
bonk long into shortLong into short 5 wave channel. targed 1.618. We did hit the 1.272 in wave 3. bounced from 0.618 extension.
Manage risk correcly!
No financial advice do ur own research!
Will the rise restart? ---- BONKBONK was born in Solana. In the initial stage, it was used to airdrop to NFT holders in the ecosystem. Different from the current situation where meme is the speculation token, BONK holders have more crypto spirit. For BONK, the main pump is relying on the launch of the Solana phone. In order to encourage mobile phone sales, Solana airdropped Bonk to mobile phone users. The increase in topicality led to the increase in Bonk, which then led to an increase in mobile phone sales, and finally increased topicality. This is a classic meme marketing method.
There is another reason why we are talking about BONK today. But remember, this is just our surmise! ! ! It's no secret that DWF Labs is getting into the meme world. Neither Milady nor Floki has achieved 100% circulation, but they already have a good community. So among memes that have a good community and don't have full circulation, we find BONK. And in the following on DWF's X, we also found BONK. So, you get that. But this is all just our analysis and surmise, DYOR.
Returning to the technical level, the trend of BONK on Binance is to rise for a short time and correct for a long time. But the highs and lows are rising. We can see that on the TSB indicator, BONK is under a BUY signal. But the column has fallen back to the low rail of the wavy area. As we mentioned in the introduction to the indicator, under bullish signals, wavy areas provide support. So BONK may rebound at this position.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
BONK SELL SETUP , Sold at $0.026840BONK PERPPETUAL TRADE
BONK SELL SETUP
Currently 0.026840
Sold at $0.026840
(Trading plan If BONK go up to $0.027900 we will add more sell)
Expecting target $0.025500 0R DOWN
Incase of early exist will update this anaylsis
Its not a Financial Advice
#1000BONK breaks the Diagonal Trendline in 1-Hour TF!#1000BONK breaks the Diagonal Trendline in 1-Hour TF!
SEED_DONKEYDAN_MARKET_CAP:BONK is retesting it. #BONKUSDT local resistance level is $0.029145, and the support level is $0.02725.
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!
some bears have cases. idk y .. this is just an "imagine if" im just doing this so when we all lose our money in the worst wat possible then we can at least look back on this and laugh. ... weird that now i actually feel it can happen lmao
some bears have cases. idk y .. this is just an "imagine if" im just doing this so when we all lose our money in the worst wat possible then we can at least look back on this and laugh. ... weird that now i actually feel it can happen lmao
