Bullish Wedge Flag potential Idk a lot but I’m applying what works for me don’t apply my ideas or tactics as guaranteed or accurate even bc I’m not a professional just a enthusiast
BONKUSD trade ideas
7:1 RR - Long BONK - Multiple ConfluencesLong BONK for following reasons:
* Bottom of channel bounce
* Bounce from FIB pocket 0.618
* RSI Divergence
* Combined exchange volume divergence
A great opportunity in an upward trend that has pulled back to the bottom of the channel. Low Risk, high reward. Really pumped yesterday and looks like Bitcoin is gonna lead the way today (though it can always ruin the party here)
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).
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Way too simple for BonkExpecting a bounce up from that area and over 100X potential; if haven’t bought bonk. Buy it and hold it
I owned about $11.8 million Bonk tokens
Don’t panic and sell; hold it
Bonk Falling Wedge Break Out 100% INCOMINGBONK has completed a nice consolidation with its falling wedge formation which we have broken out from. I expect a retest at the break of the wedge upper trend line then a continuation higher to the white line marked above.
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.
$Bonk trade idea still in playCRYPTOCAP_OLD:BONK idea trade still in play if/when it breaks bull flag. target pin high
Such a move from Bunk is not far from expectedMore than 3500% growth of the bonk
But before that, there is a downgrade
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.
Double Top at BONKUSDTIt seems this is my fav pattern :)
Well, I guess this is Double Top pattern on BYBIT:1000BONKUSDT.P chart which is formed already and is going to the target prices.
Here I marked up 2 scenarios:
- conservative: orange lines
- optimistic: blue lines.
Next $BONK legBonk needs to break this bull flag before it moves again. Next buy will be in 10-14 days
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.
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BONKUSD Appears to b ready to trigger the double bottom breakoutTwo potential channels here to consider on this double bottom breakout on BONKUSD (of which its possible for both to be valid). We will see soon enough if both targets get hit. Based on the current overall bull cycle I’d say probability is high they are both hit *not financial advice*
BONK the next Dogecoin? Ranked #58 in marketcap.I am definitely late to the game but decided to throw some fun money at this idea.
If breaks, Long for the BONKBonk rising steady. At a hurdle now. If clears it, I would long to at LEAST the next fib or trendline.
Inverse Head and Shoulders forming 1HR Chart $BONKBONK broke out of the upper trendline of a descending triangle, came back and tested it for support, bounced off and heading upward in this fourth 15 day cycle.
BONK Breakout and Retest Descending Triangle Upper Trend LineI opine price action has broken out of the descending triangle upper trend line, back tested support and holding. The depicted daily chart shows the trendlines and measured move target price. The breakout and successful retest is congruent with the 15 day cycle, bottom to top that is playing out for the 4th time as of this writing. Check it out and feel free to add a comment. I'm still learning. Peace
BONK PatternA look at the daily BONK chart using Coinbase data, indicates 15 days before an uptrend following a red candle close of the previous day. I believe the Descending Triangle is still very much in play. Fibonacci level on the daily chart has retraced to the .618 after reaching the 1.0
May be putting in a double bottom on the hourly chart with MFI at 52.33 55 minutes from close.
Simply an observation. I'm a novice. NFA DYOR
BONK 7HR Chart Higher LowWe are one tick higher on the 7HR (current daily hour) than January 8th. Moving Averages and oscillators positioned for a possible move to the upside, completing an inverse H&S taking the price above the long sloping descending triangle. DYOR NFA
ScalpA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
ScalpA great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
