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Bonk

BONKUSD going at least x10 from here!Bonk (BONKUSD) just formed a Golden Cross on the 1D time-frame and having broken above its current ATH Resistance (March 04 High), it is expected to rise parabolically from here. To back this up, that is exactly what took place after the previous 1D Golden Cross a year ago (November 08 2023), when again the price broke above Resistance 1 and turned parabolic to the 3.0 Fibonacci extension, completing a +20200% rise from its bottom. If a new +20200% rise seems unrealistic to you (it would however form a perfect Higher High at the top of the long-term Channel Up), then you can target the 3.0 Fibonacci extension at $0.0006650, which represents a +1100% rise from the current levels. A x10 opportunity indeed. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BONKUSDLong
by TradingShot
2
BONK Price Soars 12% Post-Major ListingThe Solana-based meme coin CRYPTOCAP:BONK is making waves in the cryptocurrency market. After its listing on South Korea’s largest crypto exchange, Upbit, the coin has surged by 12% in a single day, reaching a new all-time high. This recent rally has extended BONK’s weekly gains to over 75%, sparking optimism for its potential to challenge the giants of the meme coin market like PEPE and SHIB. The Catalyst Behind BONK’s Rally The Upbit listing has proven to be a game-changer for CRYPTOCAP:BONK , as the Korean exchange announced the addition of a BONK-Korean Won trading pair. With Korean investors’ affinity for meme coins, this move has significantly boosted trading activity and investor confidence. - Massive Volume Surge: BONK’s daily trading volume has soared by 77%, crossing the $2.7 billion mark. - Whale Activity: Blockchain analytics platform Lookonchain reported notable whale interest. A well-known investor, famous for $4.84 million profits from POPCAT, recently acquired 65.4 billion BONK tokens worth 3.4 million USDC, signaling strong confidence in BONK’s potential. - Market Cap Milestone: BONK’s market cap now exceeds $4.2 billion, ranking it as the fourth-largest meme coin. Analysts predict it could climb to $10 billion, positioning it among the top three meme coins. Technical Analysis BONK has consistently followed a cycle of falling wedges followed by rising wedges. This pattern has occurred three times, each signaling a breakout to new highs. CRYPTOCAP:BONK is currently positioned for a healthy retracement to the $0.000051 support level before potentially climbing further. The Relative Strength Index suggests room for retracement or a continuation of the bullish trend. Furthermore, BONK’s 24-hour trading volume surged by 117.24%, reflecting strong investor interest and liquidity. With BONK currently trading at $0.0000559, analysts see potential for the price to move towards $0.005 in the long term, fueled by its increasing adoption, whale interest, and strong technical foundation. Upbit Listing Amid Regulatory Scrutiny Interestingly, this development comes as Upbit faces regulatory challenges. South Korea’s Financial Intelligence Unit has flagged over 500,000 KYC violations by the exchange. Despite this, the CRYPTOCAP:BONK listing has ignited investor enthusiasm and strengthened the coin’s community. Conclusion BONK has displayed a rare mix of healthy technical patterns, growing fundamentals, and increasing adoption. The combination of whale activity, a major exchange listing, and sustained volume growth suggests BONK is well-positioned to capitalize on the meme coin trend. With a market cap of $4.2 billion and growing, the $10 billion milestone could soon be within reach. Investors are keeping a close watch on BONK’s next moves, as it continues to solidify its position in the meme coin hierarchy. Will BONK challenge PEPE and SHIB? Only time will tell, but the momentum is undeniably strong.
Long
by DEXWireNews
BONK: will the 1 trillion token burn fuel price growth?The Solana (SOL)-based memecoin BONK rallied 100% in the past seven days, driven by an overall market pump and a massive deflationary plan to burn 1 trillion tokens.  On 15th November, Bonk DAO announced the deflationary plans with the 2024 Christmas deadline.  Immediately after the news, BONK pumped 27% and added on its weekly gains, which crossed 100% amid an extra weekend pump. For context, burning tokens reduces supply and ultimately boosts the value of the remaining assets.  The extra pump on Sunday eyed the immediate bullish target of $0.000057 on the Fib tool. If the uptrend extended, the next target would be $0.000067, offering an extra 40% potential gains. But BONK grabbing the extra gains could only be feasible if the mememcoin stayed above its previous ATH.  That said, technical indicators showed massive buying interest but an overheated market scenario. The Stochastic RSI was in oversold territory, while the OBV (On Balance Volume) reached new highs.  Interestingly, leveraged bulls also FOMO’ed on the BONK’s rally. The OI (open interest) rates surged 3X, from about $50M to over $150M in just days. This suggested that leveraged players took massive debts to place bullish bets on BONK.  Market pundits expect the BONK rally to extend, partly due to the expected 1T token burn. However, the broader market sentiment could determine the next price direction for the memecoin.
Long
by paul_endeo
2
BONKUSDT Ready for Big PUMP!!!BINANCE:BONKUSDT has recently broken out and successfully retested a previous resistance level, showing signs of strength. Now, it’s attempting to break out of a triangle pattern, with the resistance line acting as a key barrier. If it manages to break through, a significant upward move could be on the horizon, fueled by the ongoing memecoin craze. However, caution is advised—consider using only a small portion of your capital to manage risk in this volatile environment. BINANCE:1000BONKUSDT.P Currently trading at $0.000036 Buy level: Above $0.000033 Stop loss: Below $0.0000262 Max Leverage 3x Always keep Stop loss Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
1
BONK MEME COIN LONG IDEA - Solana Memecoin TrendBONK is a popular Solana meme coin and is gaining attention amid the ongoing meme coin trend, so it’s worth keeping an eye on. Technical Analysis: BONK recently broke out of a bearish trendline, retested it, and appears to be consolidating here. I believe we could see strong upward momentum soon. The price has also recently broken a larger bearish trendline, created a weekly demand zone, run daily liquidity, and reached a daily demand level, followed by a strong breakout. I'm already in this trade and would consider adding more if the price retests and reacts at the trendline. Please note the tight stop-loss on this trade and adjust your risk accordingly. SL: 0.020847 TP1: 0.0305 TP2: 0.0339 TP3: 0.0357 After reaching TP1, I'll move my stop-loss to breakeven, and I suggest you consider doing the same.
Long
by UA_CAPITAL
1
Is #BONKUSDT on the Verge of a Massive Breakout? Don’t Miss ThisYello, Paradisers! Is #BONKUSDT About to Explode? Here’s Why You Need to Pay Attention! 💎#BONKUSDT is primed for a potential bullish breakout from the crucial support zone at $0.00002227. If the price holds steady within this range, there’s a high chance we’ll see a strong surge toward the next resistance level. This setup could mark the beginning of a significant move, so don’t miss out! 💎We've been keeping a close eye on #BONK, and it’s been following an inverted head-and-shoulders pattern remarkably well. The current price action near this key support level is crucial if it maintains momentum, the bulls are likely to take control. The trend remains upward, with market sentiment leaning bullish, making it a scenario worth watching. 💎For the bullish outlook to come to fruition, #BONKUSDT needs to break above the internal resistance. A clean break here could trigger a rally, setting sights on the first target at the major resistance zone around $0.00003128. 💎But don’t get too comfortable. If momentum weakens at the support zone, there’s a risk of a drop toward the lower support area near $0.00001902. A daily close below this level would invalidate the bullish setup, potentially paving the way for further declines. 💎Stay sharp, Paradisers! The next move in #BONK could be a game-changer, with big potential gains for those who stay disciplined and patient. Now is the time to keep your strategies on point and seize the opportunity when it comes. As always, stay disciplined and remember: Only those who understand the market cycles and act strategically will benefit in the end. Patience and a solid strategy are key to making it long-term in this market. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
Massive Monthly Signal on $BONK: Clear Path Ahead!We’ve got a strong monthly signal on $BONK. While it doesn’t have the same extended targets as other coins, the direction is crystal clear! An entry around 0.000022 would be optimal. Anything lower than that would be a gift. I’ll be scaling back in after exiting the previous trade on the daily chart (it wasn’t ready to expand then). Now, with the macro signal in place, the outlook looks much stronger. Targeting above 0.0001.
Long
by ZelfTrade
1
BONK Ready for a Major Breakout? Key Resistance Levels to Watch!Yello Paradisers! Are the bulls taking control again? #BONK has recently tested its basing support range, and we’re now seeing a strong bullish engulfing pattern—a potential sign of a turnaround! But how far can #BONKUSDT go from here? Let’s break it down. 💎BONK is eyeing its initial resistance levels at 0.00002235, with the next target at 0.00002325. These are crucial areas to watch because the descending channel resistance is positioned here, making it a pivotal zone. A successful breakout above this region could accelerate the bullish momentum, with BONK aiming for 0.0000250 to 0.0000260—a zone where we expect key targets to be achieved. 💎However, for BONK to sustain a more aggressive upside, it must secure acceptance above the 0.000026 level. Successfully establishing acceptance above could lead to strong momentum driving BONK towards 0.0000290 to 0.0000305. 💎On the downside, BONK has established solid support between 0.0000195 to 0.0000189. This range is essential for bulls to defend, as a loss of these levels could disrupt the bullish narrative. The EMA-200 is also aligned here, providing additional strength to this support. Patience is key here, Paradisers. Don’t get caught chasing. Wait for the highest probability opportunities and let the market come to you. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Jack
1
BONKUSDT: Bullish Momentum After Breakout!BONKUSDT has successfully broken through key resistance and trendlines, setting the stage for higher highs. With the MEME frenzy in full swing, we could see a significant price movement ahead! Remember to keep your stop loss in place to manage risk. This is a potential opportunity you won’t want to miss! BONKUSDT Currently trading at $0.0256 Buy level: Above $0.0235 Stop loss: Below $0.02 TP1: $0.027 TP2: $0.033 TP3: $0.04 TP4: $0.045 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades