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Bonkcoin

$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
BONK / USDT Trading strategy update v2After the success of the last trading strategy published about SEED_DONKEYDAN_MARKET_CAP:BONK , here is an updated one. I am trading myself, so I am conducting this research personally and sharing it with you. I can be wrong, so always do your own research (DYOR). We just got a nice pump from CRYPTOCAP:BTC , resulting in a 20% pump for some coins. SEED_DONKEYDAN_MARKET_CAP:BONK was one of them. What did we learn? SEED_DONKEYDAN_MARKET_CAP:BONK is a very reactive coin; you can make 2% in 15 minutes or lose it. SEED_DONKEYDAN_MARKET_CAP:BONK lagged behind CRYPTOCAP:PEPE ; it seems that many people sold CRYPTOCAP:PEPE at its peak and then purchased $BONK. SEED_DONKEYDAN_MARKET_CAP:BONK is very liquid, making it great for market buy/sell sniping. You can buy or sell $100k worth without it being noticeable (try doing that with a smaller coin!). SEED_DONKEYDAN_MARKET_CAP:BONK is heavily washed. For example, I had a $150k trade to sell, and it blocked SEED_DONKEYDAN_MARKET_CAP:BONK at the same price for 10 minutes. Apparently, at that time, I was a block. This means that most trades are done by bots. But who cares? Binance does this with some coins they like or hold a lot of. SEED_DONKEYDAN_MARKET_CAP:BONK can retrace 74% from a pump, so be careful not to hold after a pump. What can we expect now? I assume that we have all sold at the top; it is the right thing to do. Now we will have a pullback, as all the coins will. SEED_DONKEYDAN_MARKET_CAP:BONK could be hit hard. On the chart is my expectation: first, a pullback to the support/neckline of the head and shoulders formation, then a pump to the upside, with the targets being 3030/3361/3815. Anything can happen, so be careful with your money.
Long
by CryptoNikkoid
#BONK/USDT#BONK The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it We have a support area at the lower border of the channel at 2.20, from which it is expected to bounce due to its strength We have a trend to hold above the Moving Average 100, which is strong support for the rise We have very strong oversold resistance on the RSI indicator to support the rise with a strong uptrend Entry price is 0.00002300 The first goal is 0.00002958 The second goal is 0.00003345 The third goal is 0.00003767
Long
by CryptoAnalystSignal
#1000BONK/USDT 8h (Binance Futures) Falling wedge breakoutBonk Inu finally regained 100EMA support, time for next bullish wave seems to have come! ⚡️⚡️ #1000BONK/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Long) Leverage: Isolated (2.0X) Amount: 5.4% Current Price: 0.013145 Entry Targets: 1) 0.012470 Take-Profit Targets: 1) 0.021189 Stop Targets: 1) 0.008976 Published By: @Zblaba $BONK BINANCE:1000BONKUSDT.P #Bonk #Meme bonkcoin.com Risk/Reward= 1:2.5 Expected Profit= +139.8% Possible Loss= -56.0% Estimated Gaintime= 5-10 days
Long
by TradingOn
Bearish signs on BONKAfter so many highs, BONK is falling. Why is this drop different from the previous series? 1- According to rumors, it seems that FTX has liquidated or is liquidating a large amount of its altcoins. 2- It is possible to start a bear market not only for BONK but also for the crypto market for 2 months. I marked 3 confirmations on the chart. First of all, the downward momentum is also very high. 1- The first confirmation is the stabilization below the KEY LEVEL in daily time 2- The second confirmation is the failure of the TREND LINE 3- The third confirmation is the creation of a bearish CH In general, the symbol that has risen this much is risky and should be taken care of In any case, your positions should not be based on FOMO and you should take a position or buy and sell your assets by carefully checking the chart.
Short
by behdark
4
BONK Tokens and SOL Phones: Why the Surge in Solana?The tl;dr of the recent surge in CRYPTOCAP:SOL and $BONK is the Solana Phone Rebate - the potential for buyers to make more money than the initial asking price of $599. Once the token drop of 30M that came with each purchase exceeded the cost of the phone itself, it created a frenzy that has driven the price of both coins at once. The question is - will it last? Solana developers and core team members were airdropped enough tokens to make potentially millions if they manage to sell off at the right moment. This would be your classic rug-pull strategy, which the project is already known for due to past scandals. Or will things be different this time? Time will tell. 👀
CRYPTO:BONKUSDLong
by RyanTanaka
Binance Launches Margin Trading For BonkCrypto exchange Binance launches cross margin and isolated margin pairs for Solana meme coin Bonk. Will BONK price witness a recovery? The world’s largest crypto exchange Binance on Tuesday said it is further expanding BONK trading on the platform by adding it to the Binance Margin. The moves after the crypto exchange announced BONK listing with three new pairs amid massive demand for the meme coin. Will the move bring a recovery in Solana-based meme coin BONK price? Binance Launches Margin Trading For Bonk According to an official announcement on December 19, Binance will add Bonk (BONK) to its Binance Margin. With the latest move, Binance has expanded its offerings for users looking to capitalize on the BONK price rally. Bonk (BONK) is now available as new borrowable assets on the cross margin in BONK/USDT pair and isolated margin in BONK/USDT pair. Last week, Binance launched new spot trading pairs for Bonk such as BONK/USDT, BONK/FDUSD, and BONK/TRY amid amid massive demand from its users. Crypto exchanges including Coinbase and Crypto.com also listed Bonk, causing BONK price to rally over 1000% in a month. Binance also added Bonk (BONK) to its Binance Convert service, which offers users to trade BONK with zero fees. BONK price jumped more than 1% in the past 24 hours, with the price currently trading at $0.00001915i . The 24-hour low and high are $0.0000188 and $0.0000229, respectively. Furthermore, the trading volume has decreased by nearly 40% in the last 24 hours, indicating a decline in interest among traders.
Long
by DEXWireNews