BONKSupport and press the rocket to cheer me up
Observe the ten percent loss limit
Stay away from Bitcoins
Feel free to buy and sell and post your comments
BONKUSDT_2F74AD trade ideas
Possible High Profit Long Bonk is looking strong! A retest at the resistant's will tell us if this thing will go higher.
This thing moves fast. Set limit orders for breakout out. This trade is marked out by my own analysis/Opinion. Medium risk, Don't go all in. NFA
BONK price maturation, alt cycles cc.ansemthought i had seen this pattern before... searched for saved pics from zoin in my phone and got the found the right tweet/pic from 2021 i was refering to
Coinbase Announces Listing of Solana’s $BONK TokenCoinbase adds BONK token to its listing, joining the ranks of top-performing meme coins despite failure to ignite price surge.
Coinbase has officially added the BONK token to its listing. BONK, a dog-themed token operating on the Solana blockchain, has gained substantial momentum in the digital currency market.
BONK’s Price Analysis
The addition of BONK to Coinbase’s portfolio follows a notable 350% surge in its value over the past month. This impressive growth has catapulted BONK to the forefront of dog-themed cryptocurrencies, a niche but increasingly popular sector within the broader crypto ecosystem.
Despite the listing, BONK has been in a retracement for the previous 24 hours after failing to break over the 24-hour high of $0.00001311. As a result, the price of BONK fell to an intra-day low of $0.000009254, where support was established. BONK was trading at $0.00001051 at press time, down 13.57% from its 24-hour high.
However, BONK has distinguished itself by outperforming established counterparts like Dogecoin (DOGE) and Shiba Inu (SHIB). Its recent 354% increase in value is a testament to its growing appeal among digital asset investors.
Coinbase’s decision to list new assets like BONK stems from its commitment to transparency. The exchange aims to disseminate balanced information, ensuring investors are well-informed about potential opportunities and risks. However, Coinbase cautions users against premature deposits of these emerging tokens to avoid the risk of potential fund loss. In addition to the rise of BONK, Solana’s blockchain has made headlines with its impressive trading volume.
Recording $924.7 million in 24 hours, Solana has outperformed other networks like Arbitrum, Binance Smart Chain, Polygon, Avalanche, and Thorchain in on-chain trading activity. Ethereum, however, continues to lead with a trading volume of $1.3 billion in the same timeframe.
This addition of BONK to Coinbase reflects the growing diversity of assets in the crypto exchange’s portfolio. It highlights the evolving landscape of digital currencies, where meme coins are increasingly gaining serious attention from investors and major trading platforms.
The Bonk Price May Wipe Some of Its Gains in the Next Few Days$BONK experienced a peak at $0.0000149068 on December 9th but has not revisited this level since then. Over the subsequent days, the price of this meme coin entered a period of consolidation, fluctuating between the range of $0.0000089940 and $0.0000149068.
If this period of stagnant trading persists, it's possible that traders may opt to liquidate their holdings in the cryptocurrency. If selling pressure emerges, it's likely that the Bonk price will test the immediate support level at $0.0000089940. This level is particularly noteworthy because it coincides with a medium-term positive trend line that has been forming on BONK's daily chart over the past few weeks.
A breach below this threshold could expose BONK to the risk of a significant price decline. Under this bearish scenario, there's a possibility that the meme coin could drop as low as $0.0000046040 in the short term. However, this pessimistic outlook could be invalidated if the Bonk price manages to close a daily candle above $0.0000149068 within the next 72 hours.
Indicators Suggest a Potential Pullback
Traders and investors should monitor the daily Moving Average Convergence Divergence (MACD) and the daily Relative Strength Index (RSI) indicators. Both of these technical indicators are indicating the likelihood of a pullback in the Bonk price in the coming days.
Despite the MACD line currently positioned well above the MACD Signal line, the MACD Histogram's negative slope could be an early indication of a reversal towards a bearish trend. Additionally, the RSI line is showing signs of potentially crossing below the RSI Simple Moving Average (SMA) line. Should these two lines intersect within the next 48 hours, it may signify a shift in market sentiment in favor of bears.
Elliott Wave ABC-Zigzag that led to a remarkable 4000% gainsHello traders and investors worldwide! Today, let's focus on a crucial Elliott Wave Pattern – the Zigzag. This corrective pattern, part of the trio, presents a high-probability trade if identified accurately. It involves an ABC decline, where waves A and C resemble an impulse (or diagonal), while B can be any corrective pattern.
In the case of BONKUSDT, a careful analysis reveals that the A wave decline takes the form of a type 1 diagonal, the B wave forms a triangle, and the C wave follows a regular impulse. A break above the B extreme suggests an imminent reversal, leading to a rise above the initial pattern, possibly reaching a new all-time high (ATH).
While Elliott Wave might seem complex, especially for beginners, it offers a comprehensive market perspective. Until next time, trade safely, and may the market favor you. If you find this helpful, consider leaving a like and comment.
BONK/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this BONK/USDT update from Crypto Sanders.
Chart Analysis:- The surprise of the past two months is BONK, the biggest meme token on the Solana network. The price has not stopped pumping since late October and booked an eye-popping 187% increase this week alone.
With such a performance, it is almost impossible to guess where BONK will top or decide to correct. Considering the market sentiment after a 70x increase from its all-time low, this Solana token could continue to rally.
Looking ahead, meme tokens are back in the spotlight, and BONK holders have the time of their lives.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
BONK Possible scenarioThis is what i am waiting for BONK. Retest of trendline, hold it, and next we could see a good pump till 1.618 fibo level, around 50% from entry.
Bonk still stuck below 1.272 Fibonacci ResistanceBonk has remained below Fibonacci extension level since Dec.8, showing little to no signs of life.
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and are therefore are unqualified to give investment recommendations.
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This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BONKUSDT FIB TOOL AND TRENDLINE BONKUSDT FIB TOOL AND TRENDLINE in a bearish trend here you can open short position in a downtrend market
$BONK- A MUCH NEEDED RETRACEMENTVolume is still kicking in addition to the Solana blockchain euphoria.
Some lending protocols are setting up some staking/liquidity features with Bonk as APY rewards.
money will continue to flow in i think so
I have a small bag and is lending on marginfi.
Also they have 6months staking with about 10% APY reward
bonk short . !!bonk going to fall hard soon
BITRUE:BONKUSDT
Currently, this looks like going for a pullback
Bonk After Last Successful Trade. We Try Again**Fundamentals**
Bonk (BONK) is a meme coin that launched in December 2022 on the Solana blockchain. It is a decentralized governance token that is used to power the Bonk ecosystem. The Bonk ecosystem is a community-driven initiative that aims to provide a fun and engaging way to interact with the Solana blockchain.
**Recent News**
* **BONK price has surged by over 4,000% in recent weeks.** This is due to a combination of factors, including the growing popularity of meme coins, the hype around Solana, and the active marketing of BONK by its community.
* **BONK is being integrated into a number of Decentralized Applications (DApps) on Solana.** This will make BONK more widely available and increase its utility.
* **BONK is also being accepted as a payment option for a number of NFTs.** This will further increase the adoption of BONK and make it more valuable.
**Disclaimer**
Please note that Bonk is a highly speculative asset and there is no guarantee that it will succeed. Investors should carefully consider their own risk tolerance before investing in BONK.
**Here are some additional things to keep in mind:**
* Bonk is a relatively new project and there is limited information available about its development team and roadmap.
* Bonk has a high market capitalization relative to its circulating supply. This means that the price of BONK could be more volatile than other coins.
* Bonk is a meme coin and its value is largely driven by hype and social media trends. This could make it more susceptible to sudden price swings.
Investors should carefully consider these risks before investing in Bonk.
BONK NEW BREAK VOLUMEThank you for reading this update.
Depending on our study we see that BONK has a good chance of volume increase.
This updates depending on day trade, And the market should confirm with time the right market way.
#Nottradingadvice
$BONK - SO SURREAL!!The last time we had a token keep this straight up run was during the early $Shibu days
I am still finding strange to analyse the chart because this is purely human sentiment!
Nothing else.
Don't fomo this until it cools down
I got in on this at .000003 and it has kept on like its on Steriod!
Mock Up Price Action for BONK | Mid Term (12HR)Mock Up Price Action for BONK | Mid Term (12HR)
- Watching and waiting for opportunity to enter short
long BONK$BONK bounced off the support level and the descending trendline. Bullish movement to resistance level is expected to happen.
A short could be in order.Given the RSI, $BONK could be overbought and in for a correction down to prior support levels.
$BONK in BinanceAfter listed in Binance, this meme is making correction instead of pumping in the first day. Now it is trying to break out of a flag.
$BONK Lift off is only a few candlesticks away!$BONK has been following a consistent trend the past few weeks. We should expect that to continue unless the SEC messes things up. They took down CZ recently so who knows what will happen next. This is your last entry for $BONK potentially. This is not financial advice.
Bonk Ready Again After Giving Us A Good Profit in Last Trade??Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
