BONEUSDT trade ideas
Nice entry long on $BoneThe Shiba Inu ecosystem should be getting traction from the SHIB price action and ShibaSwap is in a sweet spot which give us an easy trade.
There is a high chance the accumulation end now and a good TP would be the mid range of the descending channel but we could also expect higher target.
Any buy impulse will cause a bullish momentum crossover on the daily which would secure our entry.
Trading opportunity for BONEUSDT (Long term)Based on technical factors there is a Buy position in :
📊 BONEUSDT
🔵 Buy Now
🪫Stop loss 0.440000
🔋Target 1 0.711000
🔋Target 2 0.953000
🔋Target 3 1.418000
💸RISK : 1%
We hope it is profitable for you ❤️
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$Bone looking readyyy to gooooooBone been trading in a parallel channel since it's launch. Bone been in this channel for over two years now.
We're currently bouncing from the bottom of the channel. R/r looks amazing with this one.
currently there's a meme token rally going on and Bone might be the only meme token that hasn't ran yet.
TP short term - .8 area
TP midterm - $1.3 area
TP long term - HODLLLLLLLLLL
BONE BREAK IN TRENDCan we see for the first time a confirmation trend with a new break on BONE?
This is exactly what we will follow in the coming time.
There is a good chance that BONE can make a new confirmation for the break in the coming time.
We will update if find a confirmation.
The price of this moment is $1.38 and the coin will be only interesting if there is new confirmation coming. 2 years ago the coin close with an ATH of up $41
#BONE #Wychoff #Distribution #Eddy#BONE #Wychoff #Distribution #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets."))
(("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin.
If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis.
This is not an investment proposal and only my opinion, please act based on your experience and decisions."))
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I also suggest you to view my #Analysis of the Phases of Richard #Wyckoff #Accumulation & #Distribution on #Bitcoin #Currency from the link below :
#BTC #Bitcoin #Final #Update #Wychoff #Distribution #Eddy
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Analyses of Trading Ranges By : Dr. #Eddy SunShine 👨🏻💻 1/16/2024 ❤️
BONE/USDT Likely to Go on a Bull Rally | BONE Analysis💎Yello, Paradisers! gear up as we've identified a golden opportunity with BONEUSDT, primed for a potential bullish ascent after touching its robust support.
💎From our previous analyses, BONE has been charting its course within a descending channel. Notably, it's currently retesting the channel's support, which has previously acted as a foundation.
💎At this juncture, there is a high probability that BONEUSDT may initiate a bullish move from the steadfast support level at .6549. This sentiment is further reinforced by the untouched supply zones above, suggesting a likely ascent to these regions in the near term.
💎Conversely, if the price dips below the $0.6549 support, there's a slight chance it might persist within the descending channel.
💎Sharpen your trading strategies for BoneShibaSwap with ParadiseFamilyVIP. Dive deeper into our expert perspectives on BONE and other promising assets, enhancing your crypto journey.