BONKUST trade ideas
$BONK - Bullish Structure DetectedBONK AI coin in Solana Ecosystem. As we know Solana have a great news and I think it will affects to all in the Solana ecosytem.
BONK have a bullish structure and still hold above the tren line.
Buy some in the purple area.
Target : $0.0000445 - $0.00006437 - $0.00010328 - $.....
Invalid if price close below $0.000018 on Daily
BONKUSDT - UniverseMetta - Analysis#BONKUSDT - UniverseMetta - Analysis
On D1, the price may push off from the lower border of the channel and begin an upward trend. From the border you can see a rebound of 30%, which indicates the presence of buyers.
On H4, for confirmation, you can wait for the formation of a 3-wave structure along the trend and consider buying. You should be careful if an ABC or 3-wave structure is formed, the price may make a false breakout and update the low again.
Target: 0.00002525 - 0.00003378
#BONK/USDT#BONK
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.00001815
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.00002050
The first target is 0.00002465
The second goal is 0.00002870
The third goal is 0.00003360
BONK IS AT SUPPORTBONK is trading at the major support level. If we can keep trading above this level, there's a big chance we can have a nice move to the upside.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
sharp knifeCatching a bonk in a downtrend is like the neck of a sharp knife. The range of Fibonacci density is marked in green, but I think this is not enough. Confirmation of the exit from the bullish trend in Bunk should be clearly seen. But it's just my personal opinion that the bonk will turn up from the range of 0.0000214336--0.0000225492.
BONK vs BITCOIN logical circle analysisIn the big picture, extremely BULLISH. Bonk is still a baby, his future is still ahead.
It can be seen that the bonk coin follows the logical rhythm of btc, which is important to me. The last three waves have been logical and also the unfinished fourth. Gives the probability that the next waves will be in the same rhythm.
I tried btc 100k+ to see what level bonk coin is and it was more difficult than I thought at first. Let's say today bonk is above 0.0001 when btc is 100k+, analyzing step by step will give us a better answer in the future. 0.0001 is the minimum set today, which may change in the future.
It is also complicated by the fact that it is not clearly known how much btc is over 100k.
btc 100k+ is step 1, there is also step 2 and it is 250k.
Many of my analyzes see a buy in May or June, possibly the same for the bonk coin.
3d chart
I could be wrong, I only show what I see, MoralDisciple