SupportBonk is forming long wick candles on key support area by trendline. Trendline needs to hold and Key support area. Eyes on the support and resistance areas.
BONKUSD trade ideas
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.
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BONK Got No Resistent !!If Bonk pull back to the support level I will DCA because bullish momentum still strong. DYOR
BONK will it go Bonkers?BONK on the 4 HR chart, good RSI levels good CCI levels moving up in a parallel channel. Watch out for reversal signals and remember this is a 4 hour chart. Price still forming on a key level. Keep and eye on the structure and key levels. We need a miracle
BONKUSD LONG IDEAbreaklut rising wedge pattern, trendline 4th touch, breakthrough resistance, bullish PA across all higher time frames.
I know Bonk! believe me I think everything in the chart is clear from Elliott's point of view. Wait for the next updates for the bank and make money!
#Flashing_sticker
Bonk always bounces wild, it's really what level .... perhaps Bonk always bounces wild, it's really what level .... perhaps these lines show a path.
$BONKUSDthink bigger
memecoin supercycle coming
bet more
focus on high time frame, do not leverage your position
All possibilities of bonkAll movement possibilities are drawn in the chart using Elliott hunting wave method. In my opinion, everything depends on the geopolitical conditions in the world
BONK pump and dump incomingPossible to pump into the guts of the previous ranger and then undercut the 15 before gigga pump.
Almos $.02 is my idea here in a couple years.
NOT FINANCIAL ADVICE!!!
so simple will long.Rising channel purple rising channel, go long at the lower boundary support position
BONKUSD 1D Bounce with new possible target...Got a decent local bounce and support off of bottom red trend line of the triangle.
Likely new target is top of the upper red descending trend line at 0.000028.
Will follow. Good luck traders!
Just Bonk It ... AgainBonk has a really nice looking bearish pattern. Downside technical targets provided.
Or could just be a product of my imagination :)
Caution is a condition of wisdom!I think we should wait to buy and sell bOnks. Everything is specified in wave counts and different possibilities in the chart, I hope it is useful.
BONK (BONK) The price of bonk has reached the curvature of the trending line drawn on the screen to follow the pattern of trade. Looks to be probable that the price of Bonk could increase from here, now.
BONKUSD 1D: Looing like reversing and possible breakoutAs above.
Looks like hit local bottom at 0.000018 and price action looking for possible pump but need to break out out of 0.000025 resistance to confirm. 1D MACD trending back up to zero line as well.
Possible targets if bullish trend confirmed are 0.000034 to 0.00004.
Will follow.
Good luck traders!
Bonky bonk giant flag pattern is tighteningA bounce here to the Golden Pocket with a decent correction before launching past ATH. 6X.
Bonk getting ready for another run up, or maybe new ATH by Oct..Bonk can rise up riding the wave of the upward channel and possible reach a new ATH by October
BONK (BONK)The curvature of Bonk looks good. Not much else to say. Meme tokens historically attract investors. Then again there is percentage across the board for so many different choices, why choose this one over another necessarily?
BONK/USD SUGGESTIONS PLS?would love to see some feedback this is where i believe #BONK will go towards before becoming BULLISH
Bonk/USD: Potential Bullish Breakout on Multiple TimeframesTechnical Analysis of Bonk/USD: Potential Bullish Breakout on Multiple Timeframes
This analysis examines the Bonk/USD price across different timeframes, suggesting a potential bullish breakout. Here's a breakdown of the observed patterns:
4-Hour Chart: Falling Wedge Bull Flag
A falling wedge pattern is identified on the 4-hour chart. This pattern is generally considered bullish, indicating a potential reversal of the downtrend. The price action is confined by two converging trendlines, suggesting buyers are increasingly absorbing selling pressure.
Within the falling wedge, a bull flag pattern might be present. Bull flags are brief consolidation periods following a strong price move upwards. A breakout from the bull flag could signal a continuation of the uptrend.
Weekly Chart: Cup and Handle
Zooming out to the weekly chart, a larger cup and handle pattern might be forming. This pattern is also bullish and indicates a potential price breakout after a period of consolidation (the cup) followed by a pullback and a smaller, inverted cup formation (the handle).
Target Price for Falling Wedge:
Based on the falling wedge pattern on the 4-hour chart, the target price sits around $0.00004500. This target is calculated by measuring the height of the wedge at its widest point and adding that distance to the breakout point.
Important Considerations:
Technical analysis is not a guarantee of future price movements. Other factors like market sentiment, news events, and overall market trends can influence the price action.
This analysis highlights potential opportunities, but it's crucial to conduct your own research before making any investment decisions.
BONK Price Channel Breakout Signals Massive Upside PotentialCurrent Price: BONK trading above $0.000025 after a 12% surge.
Channel Breakout: Bullish reversal leads to a significant channel breakout.
Massive Candle: Formation of a massive bullish engulfing candle.
Trend Momentum: Increased momentum following the channel breakout.
50% Fibonacci Level: Potential to challenge the $0.000032 mark shortly.
MACD Bullish Crossover: Positive crossover in MACD and signal lines supports the upcycle.
Support Trendline: Upcycle starting from the long-term support trendline.
Previous Peak Target: Potential to reach previous peak above $0.000050.
Psychological Mark: Targeting the significant psychological mark of $0.000050.
1.618 Fibonacci Level: Upside target at $0.00008321 according to Fibonacci levels.
