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BONK / TetherUS

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BONKUSDT trade ideas

#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
Long
by CryptoAnalystSignal
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
Long
by MoralDisciple
14
$BONK short term symmetrical triangle pattern about to break outUpdate: I have upgraded my account, so now I can do better charts. This is an update of my previous SEED_DONKEYDAN_MARKET_CAP:BONK idea published yesterday. Note that I am selling nothing, not affiliated to anything. It is my personal unbiased trading strategy. Introduction SEED_DONKEYDAN_MARKET_CAP:BONK is one of the most explosive memes in the top 100 crypto. Handle with care, as it can blow up at any time. It is the "official" meme of Solana. While, like CRYPTOCAP:FLOKI , the meme itself is horrible visually, the community is huge and active. History SEED_DONKEYDAN_MARKET_CAP:BONK experienced a 30% pullback and is ready to pump again by 29%. If it passes through the $0.00003586 resistance, there is nothing to stop it until $0.00004424. Chart Analysis We can see the formation of a short term symmetrical triangle formation that is about to break out. The target of this for this pattern is $0.00003747 It is a meme; it is a very risky idea, so DYOR as always. We do not recommend the use of technical analysis as a sole means of trading decisions. We do not recommend making hurried trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
by CryptoNikkoid
2
$BONK / USDT ready for another parabolic move?SEED_DONKEYDAN_MARKET_CAP:BONK is one of the most explosive memes in the top 100 crypto. Handle with care, as it can blow up at any time. It is the "official" meme of Solana. While, like CRYPTOCAP:FLOKI , the meme itself is horrible, the community is huge and active. SEED_DONKEYDAN_MARKET_CAP:BONK experienced a 30% pullback and is ready to pump again by 29%. If it passes through the $0.00003586 resistance, there is nothing to stop it until $0.00004424. The Ichimoku Cloud is again in the green, and the two lines have crossed, which is bullish on a 1-hour timeframe. There is a directional trendline showing the potential for a parabolic move, if it happens. Right now, SEED_DONKEYDAN_MARKET_CAP:BONK is crippled by a 1-hour bearish MACD, so we might see some pullback to the support at $0.00003335. If CRYPTOCAP:BTC continues its uptrend, there is no reason why this would not happen. It is a meme; it is a very risky idea, so DYOR as always.
Long
by CryptoNikkoid
1
A flash dump is possibleAs we can see, Bonk broke through its consolidations with strong buying power. however, meme coins tend to have much higher volatility, right now it has peaked almost to ATH and going down to the previous resistance level for a retest. Where I believe would have a quick flash dump to get the liquidity and then the candle will soon recover back to the top. Traders should be careful about their SL where they thought it would be safe to place under the resistance. If the flash dump comes true, but the candle failed to show strong recovering power, then bonk would heading lower to its previous resistance of the consolidation phase for more liquidity grab. But if it recovered fast and the market provides with a second green candle for confirmation, then bonk would reach its new all time high. I would place a "risky" long position where the majority of the trader would place their SL.
by FrizzyTrades
BONK: Pullback in UptrendTrade setup : Price is in an Uptrend. Following a bullish breakout from Ascending Triangle, price got close to our near-term target of $0.000046 for +50% gain. Price got overbought (RSI > 75) got rejected at that resistance level and pulled back on some profit taking. Pullback to $0.000030 could be an attractive swing trade entry in Uptrend with +20% upside potential back to $0.000037 or +50% to $0.000046. Pattern : Pullback in Uptrend. Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3. Trend : Short-term trend is Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.00003, then $0.00002. Nearest Resistance Zone is $0.000037, then $0.000046.
Long
by altFINS