BONKUSDT_2F74AD trade ideas
Long BonkBased on the analysis of Bonk's 8-hour chart, there’s a bullish divergence pattern emerging. This pattern suggests that there’s positive momentum and money flow coming in. Also, Bonk has successfully held its support level, indicating a potential area of strong buying interest. The retesting of the breakout reinforces the notion that the price is attempting to establish a new upward trend. A potential take profit level would be the .618 Fibonacci retracement level.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
BONK, ONE LAST CALL before it flies again...BONK just gave everyone another chance by going back to 78.6 FIB LEVEL, a very rare opportunity to come back to this level.
IT'S A SALE week for this coin.
Expect some significant bounce from here on.
Spotted at 0.000000600
TAYOR
safeguard capital, always.
Are You Bonking Yet?As you can see BONK is getting ready to rip a lot higher and in a very quick smooth fashion. It's the token that I currently hold of most interest to me. The community is great, the tokenomics are strong, and the development around BONK has already cemented legacy into the very fabric of the Solana ecosystem. NFA.
For the ultimate degen BONK experience ;)
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BONK BOINK BOUNCE (soon).... an update from the first post:An update from my initial post of BONK from March 30, 2023:
Looks like we have a confluence of confirmation now -- and clarity of direction should be a no brainer.
ON weekly we have a massive net buying accumulation at 1.4T bonks traded (in addition to March 20's 3.67T bonks traded) -- cementing a good base support for a reversal to the upside.
March seems to be an 'accumulation' month -- so it appears.
Expect a continuation of ascend further up from here.
We're up by +16% so far from the lastpost.
SEEDED AT 0.0000005656.
Last post from March 30 2023:
Bonk Is The Play Right NowBonk has been range bound since the beginning of the year. We now have very strong support at .0000008. It appears that Bonk is gearing up for a very strong move to the upside. The chart makes a case for itself. Best of luck.
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- 67.2% of the airdropped $BONK remains in the hands of the original airdrop recipients
- $BONK holders have diamond hands unlike anything we've ever seen on Solana (you NFT flippoors know what I'm talking about)
- Since the $BONK lauch, it is 3rd in terms of total swap volume on Solana behind $SOL and $USDC
- On January 2nd, $bonk had as much swap volume as $SOL and $USDC, which is pretty insane considering those two tokens are part of nearly every trading pair on Solana.
#BONK #BATT
Rangebound. But not for much longer!$BONK aka Bonk Inu has been moving within a tight range for a while - it was on the sidelines and dragged while Solana made it's price moves. Now that the market is feeling comfortable with it's recent bullish turn -- whether that is a long term bull trend reversal or simply a bear market rally is to be seen -- money will start to flow to coins that have few bagholders. Bonk was an airdrop and those who wanted to sell it have sold most likely, those that haven't are likely waiting for prices that we haven't seen yet. It's clear on the chart that somebody is buying up those airdrop for no less than ~$0.0000007777. The boring period does come to an end at some point, and when it does I'm betting the price will be marked up. Price has been in an accumulation / consolidation zone since January 11th when a large holder pulled their liquidity from Orca.
Two resistance levels are shown on the chart - once Bonk blows past those, it's price discovery time. Do I hear "Bonk to $1!" in the distance?
Do the needfulPredictions where narrowly missed but I'm intrigued that the price is flowing along with them.
It looks like we are coming to what could be a critical juncture.
Play the previous idea to see the results of the predictions.
Also if your part of the community get your ass online and bonk.
Bonk Coming into the buy zoneThis is my new script the volume overlay tool I will be calling the trades about to happen tool. Bonk is winding up for wave C and the more bullish BTC looks the more likely a breakout for BONK that there is. Demand zones are shaded. Target is a retest of .0000013-.0000015 and hopefully a rise in volume and then those areas become support.If you are interested in trying out these tools for free send me your tradingview username.
Saving this until march.This chart doesn't have the beginning of BONK.
I had to put together some trend lines to best show the other layers of support.
Its looking like we can still go lower without breaking trend.
Also its looking like it could be sideways for a while, and experience tells me huge pumps "could" happen when the volume slows to a crawl, because everyone I do see a pump like that, Its usually slow sideways and quiet often times.