BONK - Held Key Level
CRYPTOCAP_OLD:BONK looks primed for another move to the upside.
After predicting the bear market low within a few % we are back with another BONK prediction.
We had a horizontal level (white horizontal ray) around $0.00002 that has been established as an important liquidity level. After retesting it, price held up beautiful and has started to move to the upside.
Also, our daily RSI is showing strength. We have a green trendline of support dating back to December of 2023 that we just held as support and also a white trendline around the 45 level that we just had our 3rd low put in at.
After predicting the bear market low within a few % we are back with another BONK prediction.
We had a horizontal level (white horizontal ray) around $0.00002 that has been established as an important liquidity level. After retesting it, price held up beautiful and has started to move to the upside.
Also, our daily RSI is showing strength. We have a green trendline of support dating back to December of 2023 that we just held as support and also a white trendline around the 45 level that we just had our 3rd low put in at.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.