12R | Most likely it would never succeedRSI Divergence on 1HR, also on a trend line, SOL seems bullish to me atm... Probably a wider SL would be better.
BONKUSDT trade ideas
BONK priceThe Bonk (BONK) crypto has registered a rounding bottom formation breakout and trades in the bullish trajectory.
$BONK / USDT: Bullish trading plan, x10-x20 potentialWhat is SEED_DONKEYDAN_MARKET_CAP:BONK ?
SEED_DONKEYDAN_MARKET_CAP:BONK is a Solana-based meme coin that aims to serve as the “community coin of Solana,” according to its whitepaper.
Facts
- SEED_DONKEYDAN_MARKET_CAP:BONK is available on Binance and all major DEXs, such as Binance and Coinbase, for example. It holds the top position among coins on Solana and is managed by an anonymous team.
- Market Capitalization: $1,582.10M
- Circulating Supply: 63,823,117,391,692 BONK
- Maximum Supply: 93,082,000,358,974 BONK
- SEED_DONKEYDAN_MARKET_CAP:BONK boasts over 700,000 holders, with one whale owning 10% of the tokens.
These numbers suggest that SEED_DONKEYDAN_MARKET_CAP:BONK is undervalued compared to SEED_DONKEYDAN_MARKET_CAP:FLOKI , CRYPTOCAP:SHIB , or $PEPE. It is listed on all major exchanges, including Coinbase (where CRYPTOCAP:PEPE is not).
Analysis
Despite its unattractive design and limited popularity as a meme on Twitter, I remain bullish on SEED_DONKEYDAN_MARKET_CAP:BONK for several reasons:
1- SEED_DONKEYDAN_MARKET_CAP:BONK experienced an explosive rise to $0.000095 before undergoing a correction.
2- The price has now touched the 0.5 Fibonacci retracement line and entered the golden channel
3- Fibonacci retracement zone, indicating the end of the correction.
4- Fibonacci extension suggests a surge to the following target prices:
TP1: $0.00002940
TP2: $0.00003030
TP3: $0.00003190
Conclusion
Barring a black swan event (with rug pulling being the main risk in the meme coin space), this coin should perform well throughout this bull market, potentially offering a x10-x20 return on investment.
This is not an investment advice, DYOR. Also zoom in to see the details of the Fibonacci.
Post your profits in the comments!
BONK/USDT: Targeting Upside Breakout, Buy Stop at 0.00003700BONK/USDT is primed for a breakout from its ascending triangle formation. We're setting a buy stop at 0.00003700 to capture the potential bullish momentum. With a risk/reward ratio of 1:2, this trade is positioned to take advantage of the upward trend continuation. This setup aims to ride the breakout to new highs, capitalizing on the increased buying pressure indicated by the recent price action. Ensure to manage your position by monitoring the breakout strength and adjust stop losses accordingly.
BONK/USDT on the Brink of a Major Bullish Breakout | Watch Out👀💎Paradisers, #BONK is at a pivotal moment as it attempts to break free from a descending channel, supported by the 100-day & 50-day moving averages—a promising sign of an upcoming bullish surge.
💎We're anticipating a slight pullback to gain the necessary momentum to smash through the descending resistance. Once it conquers this barrier if SEED_DONKEYDAN_MARKET_CAP:BONK manages to hold its ground in this zone, expect a strong push towards and possibly beyond the major resistance levels.
💎However, the markets are fickle, and caution is paramount. If BINANCE:BONKUSDT cannot maintain its momentum and dips below the key demand level of $0.00002073, this could spell trouble, indicating a potential weakening of the bullish trend. In such a scenario, a rebound from the next critical support at $0.0000182 might be our saving grace, though breaching this could lead to a significant downturn.
💎Your ParadiseTeam is closely monitoring every development to guide you through this market. Stay prepared to make your move and capitalize on the opportunities that #BONK presents.
MyCryptoParadise
iFeel the success
BONK AnalysisBonk has moved up impulsively from our previous support zone and broke out of the Elliott wave triangle. BONK has fulfilled its requirement to the upside. RSI bearish divergences are starting to show. A pullback may happen any time now, but direct further upside is possible in this market. A break below 0.x3718 will make a larger 2nd wave correction more likely. A Wave 2 pullback should reach 0.x2786 followed by a 3rd wave rally exceeding 0.x6000
Alikze »» BONK | Wave 3 or C scenarioIn the daily time, it is moving in an ascending channel.
It is currently on the roof of the channel.
💎 According to the current momentum, this movement can have another growth with the support of the green box area, with the breaking of the channel as much as the width of the channel.
💎 This bullish step can be wave 3 or bullish C after a three-wave combination correction.
💎 In addition, if the green box breaks down, the continuation of the upward movement will be invalid and must be reviewed and updated.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
🦊 BONK🦊 is Ready to Pump🚀➕30%🚀🔥In the past few months, memecoins have been doing very well and they have very good profits for their followers. It seems that these few months have been 😂 memecoin season 😂; although many people are against this type of token, the fact is that there were good profits in these few months.
🦊Today I want to analyze one of the popular memecoins these days. The name of this meme is BONK .
🏃♂️ BONK is moving near the 🟢 Support zone 🟢 and 🟡 Potential Reversal Zone(PRZ) 🟡.
🌊According to Elliott's theory , BONK seems to be completing wave 4 .
📈In terms of Classic Technical Analysis , BONK has succeeded in breaking the Neckline of the Inverse Head and Shoulders Pattern in the Daily time frame .👇
💡Looking at the BONKBTC chart, we can see that BONKBTC has managed to break the neckline of the Double Bottom pattern , and this is a sign of BONK's better situation than Bitcoin .👇
🔔I expect BONK to rally at least another 🚀 ➕30% 🚀 and attack the 🔴 Resistance zone 🔴.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Bonk Analyze (BONKUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
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.
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...
#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
BONK HAVE SAME PATTER AS PEPE1D Bonk pattern are very similar to pepe. Last chance to buy some BONK📈🌙
🔥 BONK On A Run: New Highs Soon!In my last BONK analysis I discussed the bull-flag pattern and the expected reversal from the support. The trade was a great success, congratulations!
Since we broke through the resistance on high volume, I'm expecting that BONK will make a move towards the 5000 area (March top).
If BTC manages to make a new all-time high in the near future it can mean that BONK can see much more gains from this point.
BONK 2 D Inverted HS playing out. Get it on the backtest !
looking to BONK for a potential MEME laggard.
Chart looks great.
We need BTC to hold sideways for this play to work out .
QQQ and BTC have decorrelated slightly -
showing some risk on in crypto independent of Market .
BULLISH ON THIS BONK HEAD AND SHOULDERSIn this chart of BINANCE:BONKUSDT , the coin is forming a head and shoulders pattrern, citing a possible bearish move for the coin on a day trading perspective. But why am I bullish for the coin? More details on the idea thread below.
BONK price The Bonk (BONK) token has displayed follow on buying pressure and has soared over 54% this week and 30% in the last 24 hrs.
BONK to new all time high BONK has been showing a great relative strength this week
All time high is close
Send it
$BONKUSDT Bullish!Hello trader
Looking at the recent movements, where the index went from 62 to 70, with this movement let's understand that investments have returned to cryptocurrencies.
BINANCE:BONKUSDT BONK as a powerful meme will aim to burn a zero (0), and according to many news these days, whales will buy BINANCE:BONKUSDT BONK in order to increase the popularity of dog coins.
Buy as much as possible!
BONK to explode for +50%- not much to say: in a very clear inverse head and shoulders formation
- the inverse h&s formation is displayed on the 2d and 3d RSI as well, giving confluence to the thesis (comments)
BONKUSD 2DBONK ~ Updated
#BONK It seems BONK is ready to break through the resistance line of this pattern. Note, If this happens, the Bulls will start to dominate from here.
