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BONKUSD trade ideas

BONKUSD Appears to b ready to trigger the double bottom breakout Two potential channels here to consider on this double bottom breakout on BONKUSD (of which its possible for both to be valid). We will see soon enough if both targets get hit. Based on the current overall bull cycle I’d say probability is high they are both hit *not financial advice*

Updated

BONK the next Dogecoin? Ranked #58 in marketcap.I am definitely late to the game but decided to throw some fun money at this idea.

Long

by TheCeleryInvestor

If breaks, Long for the BONK Bonk rising steady. At a hurdle now. If clears it, I would long to at LEAST the next fib or trendline.

Long

by TexasFirefighter

BONKUSD BULLISH Green Line Over Red Line Above the cloud Above Ceiling 3 to 1 Risk Reward

Long

Inverse Head and Shoulders forming 1HR Chart $BONK BONK broke out of the upper trendline of a descending triangle, came back and tested it for support, bounced off and heading upward in this fourth 15 day cycle.

Long

by BreakingGood

BONK Breakout and Retest Descending Triangle Upper Trend Line I opine price action has broken out of the descending triangle upper trend line, back tested support and holding. The depicted daily chart shows the trendlines and measured move target price. The breakout and successful retest is congruent with the 15 day cycle, bottom to top that is playing out for the 4th time as of this writing. Check it out and feel free to add a comment. I'm still learning. Peace

Long

by BreakingGood

BONK Pattern A look at the daily BONK chart using Coinbase data, indicates 15 days before an uptrend following a red candle close of the previous day. I believe the Descending Triangle is still very much in play. Fibonacci level on the daily chart has retraced to the .618 after reaching the 1.0 May be putting in a double bottom on the hourly chart with MFI at 52.33 55 minutes from close. Simply an observation. I'm a novice. NFA DYOR

Long

by BreakingGood

BONK 7HR Chart Higher Low We are one tick higher on the 7HR (current daily hour) than January 8th. Moving Averages and oscillators positioned for a possible move to the upside, completing an inverse H&S taking the price above the long sloping descending triangle. DYOR NFA

Long

by BreakingGood

Scalp A great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.

Long

by KooshiCryptoGem

Updated

Scalp A great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.

Long

by KooshiCryptoGem

Updated

Bonk Coin's Falling Wedge: Echoes of Doge's Past?CRYPTO:BONKUSD CRYPTO:DOGEUSD Bonk Coin, a new player in the meme coin arena, exhibits a falling wedge pattern on its chart, mirroring a formation seen in Dogecoin before its monumental rise at a similar market cap stage in early 2021. The falling wedge, often a bullish signal, suggests a compression of price and potential for a breakout. The resemblance to Dogecoin's setup at the $700 million market cap level implies that Bonk Coin could be at a pivotal point. If history rhymes, a breakout from the wedge could mark the beginning of a significant upward trend. The falling wedge in Bonk Coin's chart invites comparisons to Dogecoin's pre-rally phase, hinting at a possible breakout. Traders who draw parallels to Dogecoin's past may watch for a similar trajectory, keeping the meme coin's inherently speculative nature in mind. Disclaimer: This brief analysis is for informational purposes, drawing parallels for market reflection, not prediction or financial advice. Meme coins are highly volatile and influenced by market sentiment. CRYPTO:SOLUSD

Long

by Rayane_Fugazi

Updated

$Bonk crabbing it's way to upside Bonk on a smaller time frame expecting a small retracement at 0.12 ⁵ , then to 0.15 ⁵

Long

by Nick.TkgProfits

Possible Inverse Head and Shoulders with big upside potential. BONK BONKUSD when viewed on the 3 hour chart which is two hours after open, we see a possible 50 MA cross of the 200 MA. Oscillators and technicals support this move IMO along with volume spikes at key levels. May have to be a short squeeze to make it happen. DYOR NFA

by BreakingGood

BONKUSD BONK Bullish Divergence of a Descending Broadening Wedge Bullish Divergence beginning on the 1hr chart that is part of a larger Descending Widening Wedge Pattern. Volume spikes at the upper and lower trend lines as buyers try to reverse the trend and sellers becoming exhausted. A measured move above the upper trendline targets the 2.618 Fib and brings the price to ~ 00001190, a long-term support and resistance. If price holds, it may be a continuation of Bullish momentum leading to a breakout of the larger channel. NFA/DYOR

Long

by BreakingGood

$BONK Descending Broadening Wedge A measured move to the upside is confluent with previous support and resistance. Like the pattern describes, volume has increased with touches at the top and bottom trend lines.

Long

by BreakingGood

$BONK, Ready for new Lows 🤯 📉$BONK falling off a cliff and heading for $0.00000800 great buying opportunity 🤑 Target = $0.000008 Probability = 70 - 80% ** CRYPTOCAP:BTC MUST BREAK BELOW $41,100 and or CRYPTOCAP:SOL continues to feel Sell pressure by overall bearish market sentiment. - Will be monitoring and provide updates as I see confirmation 🧐 📝

Short

BONK on Higher Timeframes Respect how clean this correction on $BONK is, so far. 62% fib retracement. Impressive for a meme. But I'm not convinced its finished trending down on higher timeframes. Invalidation of downtrend above ~.000021 BONKUSD (approximate level- technicals are iffy on memes).

Short

BONKUSD: More downside now but buy opportunity on the 1D MA200.Bonk is pivoting around the 1D MA50, on a neutral RSI = 47.450. Only a 1D MACD Bullish Cross constitutes a buy signal and we expect that to be near the 1D MA200 and the 0.382 Fibonacci level. We will buy once those conditions are fulfilled and target the -0.382 Fibonacci extension (TP = 0.000260), a +6.100% rise like the one from November to mid December. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##

by InvestingScope

Urgent Warning for Bonk Bearish triangle. Retest!!! Sorry this chart was urgent so excuse the sloppiness. Bearish Triangle pattern forming will retest the channel, if yellow arrow breaks orange support (not drawn all the way out), it could get real ugly nasty! Best case: true double bottom! They wanna bring that RSI down on the daily. This is 45 here fyi. Bork out!

Long

$BONK (((NEW LOWS))) ?? 🤯📉Looks like we are heading lower: Probability = High Target = $0.00000712 - 730

Short

Updated

$BONK to 0.0000007777 $BONK !!! If You Know Then You KNOB $BONK to 0.0000007777 Good confluence with a weird wedge breakout and some fibs $BONK is the CRYPTOCAP:SOL meme this cycle

Long

Updated

$BONK doin the curve $BONK with the round bottom mmmm with a little bit a ISHS

Long

Updated

BONK Token's Breakout or Fakeout? A Technical Trader's Insight Bias: Neutral-Bullish Description: BONK token's chart indicates a consolidation pattern forming, with potential bullish divergence noted on the RSI. The price is hugging the SMA (24), suggesting indecision but with possible upside if supported by volume. Direction: Potential Upward (Conditional) Entry: Consider entry on a confirmed breakout above the recent downtrend line, accompanied by increased volume, for validation. Stop Loss: A tight stop loss could be positioned below the most recent lower support level to mitigate risk. Targets: Conservative targets could be set at incremental resistance levels, with an optimistic target aiming for previous highs. Caution: This setup requires confirmation due to the token's current consolidation. Keep an eye on market sentiment and news that could affect BONK's price action. Monitor closely for any sign of trend reversal, and be ready to adjust the plan accordingly.

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