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BONKUSD trade ideas

BONKUSD: Crossed above the 1D MA50. Strong buy.Bonk turned bullish again on its 1D technica outlook as the rebound that started on the 1D MA200, crossed yesterday over the 1D MA50 after two weeks. Since the underlying pattern is a Channel Up, we consider this the bullish confirmation that this move is the new bullish wave. The previous peaked on the 1.236 Fibonacci extension. We will pursue that very same Fib target (TP = 0.0000650). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BONKUSDLong
by InvestingScope
BONK Price Ready For Massive April Rally!Bullish Reversal Initiated: The asset teases a bullish reversal from a key demand level. Recovery Rally Underway: Currently on its fourth day of recovery, targeting significant price milestones. Momentum With Meme Coins: Gains additional momentum as Bitcoin stabilizes, drawing big investor support. Surge in Trading Volume: A notable 61% increase in trading volume indicates heightened interest and potential entry points. Potential for Top Performance: The asset is positioned to become a standout performer in the meme coin sector. Critical Support Level: Buyers establish a strong base, setting the stage for a bullish reversal. Price Lift-off: The asset experiences a 24% rise from its base, indicating strong buying pressure. Technical Indicators Align: MACD and RSI suggest a trend reversal and increasing buying momentum. Challenge of Overhead Supply: The asset faces the next major resistance level, with a strategy to overcome it. Price Targets: Sets ambitious price targets based on current momentum and technical analysis. Investor Sentiment: Growing positive sentiment around the asset, spurred by overall market conditions.
CRYPTO:BONKUSD
by Coinpedia-Market-Insight
1
Meme Season...So we're correcting currently and all the noobs are panic selling who recently fomo'd in on extreme greed lol...Moving forward I'm of the belief I have found the best Meme plays in the market here for upside potential - Yes we can correct a bit more and fall lower in the short term but it will be short lived and very trivial to what's coming I believe. Last cycle Doge peaked around $100B market cap and I think we will see one if not multiple meme coins reach this market cap again - This cycle we don't have the Gas fee issue anymore on Solana as the barrier to entry has been completely removed and anyone/everyone can gamble on memes with $100 or so and have $100 of that coin without being shafted on gas fees (This is very important) and will play a key role to the meme mania I see coming specifically on Solana, The flood gates have been opened and the liquidity waves coming into memes are going to shock the masses.
CRYPTO:BONKUSDLong
by Swoop6
3
BONKUSD broke out and is targeting 0.00045BONK (BONKUSD) broke above its December 15 2023 High and as it has turned the 1D MA50 (blue trend-line) into Support following the Falling Wedge break-out, it is now aiming for a new High. Based on the 1D RSI price action, we might be at a post accumulation rally as in early November. That rally peaked marginally below the 3.0 Fibonacci extension from the start of the previous Falling Wedge. The new 3.0 Fib extension is at 0.00045 and that is our target. ------------------------------------------------------------------------------- ** 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 Coin's Falling Wedge: Echoes of Doge's Past?CRYPTO:BONKUSD CRYPTO:DOGEUSD Bonk Coin, a new player in the meme coin arena, exhibits a falling wedge pattern on its chart, mirroring a formation seen in Dogecoin before its monumental rise at a similar market cap stage in early 2021. The falling wedge, often a bullish signal, suggests a compression of price and potential for a breakout. The resemblance to Dogecoin's setup at the $700 million market cap level implies that Bonk Coin could be at a pivotal point. If history rhymes, a breakout from the wedge could mark the beginning of a significant upward trend. The falling wedge in Bonk Coin's chart invites comparisons to Dogecoin's pre-rally phase, hinting at a possible breakout. Traders who draw parallels to Dogecoin's past may watch for a similar trajectory, keeping the meme coin's inherently speculative nature in mind. Disclaimer: This brief analysis is for informational purposes, drawing parallels for market reflection, not prediction or financial advice. Meme coins are highly volatile and influenced by market sentiment. CRYPTO:SOLUSD
CRYPTO:BONKUSDLong
by Rayane_Fugazi
4