Yay or Nay?It's decision time. Critical point here. BONK failed to break and close above the upper resistance from the last ATH to pump to fresh new highs.
Do we gonna go straight up, sideways to create a strong base or down to major support?
BONKUSDT.P trade ideas
Buy the BONK!!!Super meme coin BINANCE:BONKUSDT - I think it will fall to 0.00001440, I think this is the best time to buy. You can also see my analysis above.
Stay with me!
Notice! My advice is not necessarily a push for investment.
BONK buy zone for long setupI do not like $BONK. The meme is horrible, the community on Telegram is full of bots and chatter, and there are many shillers on Twitter. It is a CRYPTOCAP:SOL coin, and they will do with it the same as they did with SEED_DONKEYDAN_MARKET_CAP:ORDI or CRYPTOCAP:WIF : pump it to the max and then throw it away.
However, until that happens, it is a hugely manipulated coin that can make you money.
CRYPTOCAP:BONK is a good profit machine but it can also wreck you. My entry would be at 0.00002000-0.000021000.
CRYPTOCAP:BONK can dump so hard that it can go below 0.00002000 in a matter of hours.
Buying low is the only way you can guarantee some profit because it can go lower easily and wreck you even more.
My green box guarantees about 15% on the way up with no leverage. Today in 6 hours, it went from 0.000027 to 0.000022, so it is entirely possible if CRYPTOCAP:BTC gets a small 5% pullback from here that my target will be met. So I put an order there and I will see.
Always DYOR. Meme coins are highly speculative and can go to zero for no reason other than getting outdated or being killed by a better competitor.
CRYPTOCAP:BONK is useless; their staking has no APR listed on the website, so it is all BS. But big money is using it, so surf the wave and sell as soon as you can to take your profit.
BONKUSDT.PWe have rising channel, plus price forming symmetrical triangle inside of it, which means trend continuation. Taking this as an investment opportunity, while we stay above the green zone.
DYOR
BONKUSDT 1DBONK ~ 2D
CRYPTOCAP:BONK We are still bullish on this $Meme.
We consider buying inside this pattern. target at least 15%+ from here.
BONKUSDT Potential Head and Shoulders PatternIn the 4-hour BONKUSDT chart, there is a clear potential for a Head and Shoulders pattern. BONKUSDT has bounced off the support line at 0.000026083 and is showing an upward movement. If it retraces from the 0.000029495 levels, it could lead to the formation of a Head and Shoulders pattern.
In this scenario, a decline towards the area within the purple rectangle could be anticipated. In the event of a more severe decline, it is possible that the price could fall to the turquoise rectangle, which is outlined with a purple border.
Alternative Scenario: If BONKUSDT breaks through the 0.000029945 levels with significant volume, an increase up to the orange rectangle could be expected, and subsequently, it could move towards the red box. If the price rises to the range of
0.000032385 - 0.000033910, the Head and Shoulders pattern will be invalidated.
Attention: Given the high dominance of BTC, caution is advised, and BTCUSD should be closely monitored.
CAN THIS HAPPEN?!Playing around with some #ElliotWave Ideas... Lets see how it plays out!
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Bonk Price Update: Technical Indicators and Key LevelsBINANCE:BONKUSDT has shown a mixed performance, with closing prices gradually decreasing from $0.00003103 to $0.00002888. The 9 EMA and 20 EMA have both been trending downward as well, indicating a bearish sentiment. The 9 EMA, currently at $0.00002983, is also below the 20 EMA, which stands at $0.00002999, reinforcing the bearish outlook. However, this downward trend appears to be losing momentum, suggesting potential stabilization or reversal.
For traders looking to identify critical levels, BONK has key resistance points at $0.00003047, $0.00003161, and $0.00003248. Should the Bonk price break through these levels, it could signal a bullish trend reversal. On the downside, support levels are found at $0.00002740, $0.00002691, and $0.00002604. A break below these levels could lead to further declines, making them crucial for setting stop-loss orders.
The MACD indicator shows a bearish trend, with the MACD line consistently below the signal line and the histogram in negative territory. This suggests a weakening momentum, with recent values indicating a potential shift in trend. The RSI, currently around 44.77, has moved from overbought to neutral territory, implying that selling pressure has eased and the market could be preparing for a consolidation phase.
Given the current market conditions, traders should be cautious with entry and exit points. For long positions, a potential entry point could be above the resistance level of $0.00003047, aiming for a breakout towards $0.00003161 or higher. Setting a stop-loss slightly below the support level of $0.00002740 can help manage risk. Conversely, for short positions, entering below $0.00002740 with targets near $0.00002691 and $0.00002604 could be viable. A stop-loss just above $0.00003047 would be prudent to protect against sudden bullish reversals.
BONK’s technical indicators suggest a cautious approach due to prevailing bearish signals tempered by potential stabilization. Traders should monitor key support and resistance levels closely while keeping an eye on the MACD and RSI for early signs of trend changes.
#BONKUSDT Ready for the Next Massive Move? Positive SignsYello, Paradisers! Did you notice #BONKUSDT’s breakout from the descending channel? Let's break it down to understand what can happen next:
💎#BONK has been navigating a descending channel in a 1D timeframe and recently broke out to the upside. After the breakout, the price surged by almost 80%. The first profit-taking wave occurred a few days ago, and now the price is pulling back to retest the resistance-turned-support at the upper layer of the channel. This marks the second wave of profit-taking.
💎#Bonk has a support Level at $0.000018. This level has held multiple times before, and we expect it to do so again. If this support holds, we could see another upward movement.
💎However, If the $0.000018 support fails, we anticipate a bigger pullback to the next support level at $0.000015. The chances of a price increase from here become much bigger.
💎The overall macro sentiment and Bitcoin’s price movement will significantly influence this prediction for SEED_DONKEYDAN_MARKET_CAP:BONK , so make sure to keep an eye on the market. Still, if the $0.000015 support also fails to hold, the likelihood of a bearish continuation increases significantly.
Paradisers, if you want to be consistently profitable, you need to be extremely patient and always wait only for the best and high probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
$BONK new setup. What do we know?
SEED_DONKEYDAN_MARKET_CAP:BONK is related to $SOL. If CRYPTOCAP:SOL dumps, SEED_DONKEYDAN_MARKET_CAP:BONK dumps as well; if CRYPTOCAP:SOL pumps, SEED_DONKEYDAN_MARKET_CAP:BONK
pumps. SEED_DONKEYDAN_MARKET_CAP:BONK has entered the resistance zone and stopped its freefall.
The FOMC meeting on Wednesday has a high probability of announcing positive news about interest rates. Since the BCE, Bank of Canada, and other central banks have lowered their interest rates, the FED is likely to do the same in the short term.
The RSI on 1H is low, indicating that SEED_DONKEYDAN_MARKET_CAP:BONK is underbought.
The CMF shows strength above 0. This means that more money and buyers are coming in.
SEED_DONKEYDAN_MARKET_CAP:BONK is one of the top meme coin with listing in all biggest CED like Binance and Coinbase..
The S&P 500 had a pullback, which could have negatively affected the price of $BTC.
The dollar is going higher, which can also negatively affect the price of $BTC.
Conclusion
Taking all this information into account, we are in a precarious situation, but if
CRYPTOCAP:BTC does not crash further, I think we are close to the bottom for $BONK. A possible dump to $0.00002500 is still possible but with low probability. Considering that this coin can do a +40% in 4 hours, I am buying long.
Here is my personal trading plan. I take the risk; DYOR and be sure to double-check before following. If you find something wrong, please leave a comment.
Buy: between $0.00002500 and $0.00002800
Take Profit (TP) at Fibonacci levels:
TP 1: $0.00002927
TP 2: $0.00003254
TP 3: $0.00003483
TP 4: $0.00003997
TP 5 to the moon: $0.00004456
Final reminder: this is my personal trading plan. External events can invalidate it, such as CRYPTOCAP:BTC dumping, CRYPTOCAP:SOL dumping, or any bad news, a war, a black swan event, etc. Do not blame me if you lose money following my plan; we are in the same boat, and I will lose too!
Enjoy riding this crazy coin. Big risks mean big rewards.
Do not use leverage with meme coins.
BONK/USDT - Bullish Signs
Show some strong signs:
1- Break 4H 200 ma
2- Break VWAP
Price Target
3091
3394
BONK planning to BREAK BARRIERS...This chart visual should say it all. NO EXPLANATION NEEDED.
The current price point will soon be archived -- history soon.
Expect some significant PRICE SHIFT to the upside.
KEY NOTES:
MASSIVE MASSIVE ACCUMULATION ON WEEKLY.
HIGHER LOWS CREATION ON HISTOGRAM (WEEKLY DATA).
*Again these are ideas, the coin is very volatile still. play it with safety -- even if signs are showing hints.
TAYOR.
Safeguard capital always.
BONK LOOKS VERY BULLISH AFTER I SAW THIS!Played around with the #FRVP tool and loving it.
The red lines are the POC for the previous months.
You can clearly see where the highest amount of volume has been traded over the past 5 months.
We are now above it! This is very bullish for #BONK as long as we stay above it! #Memecoin
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
BONKUSDT 2DBONK ~ 2D
SEED_DONKEYDAN_MARKET_CAP:BONK We are still bullish on this $Meme.
We consider buying inside this pattern. target at least 15%+ from here.
Bonk short retest and ready for another uptrendBonk seems to be leading this bounce with a firm uptrend and isnt done yet.
Bonk price has been in consolidation for 5 months. Medium tradeStill, capital has been not investing in fundamental technology coins.
That's why we are looking at memecoins 😱
Perhaps #BONK is a memecoin worth watching. Despite the fact that the market cap is $1.8 billion, # OKX:BONKUSDT price is adjusting/consolidating quite harmoniously.
The chart shows a medium-term trade option for CRYPTO:BONKUSD
And then, risk management is up to you)
BONK - Ascending TriangleIt looks like Bonk has continued to create beautiful market structure on the daily timeframe.
We see what looks like and ascending triangle forming (example on bottom right).
This is also in confluence with:
-RSI Bottom (yellow line/ green arrows)
-Hidden Bullish Divergence (higher highs in price, same low on RSI)
BONKUSDTWe can attempt to short BONKUSDT from specified level as it break HL , also making rising wedge pattern (reversal pattern) , also there is bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
BONKUSDT.PBONKUSDT.P Just enter the bearish trend.
just broke the lst HL and made First LL.
Bearish divergence also shown in RSI>
We wait for further more confirmation if it broke the last LL.
long setupDO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
BONKUSDTBONKUSDT.
Will BONKUSDT get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.00003570.
What you guys think of this idea?
Bonk Done Bonkin'Traders,
As mentioned in my recent videos and posts, meme-coins (of all categories of coin) are looking positive here, especially those on the Solana blockchain. We’ve talked about Wif. We’ve talked about Boden (up 31% today). We’ve referenced TRUMP. All of these are on the Solana blockchain. All are doing well.
Another one I have referenced, stating it is in a good position for future boom is BONK. Up over 40% from its low, it continues to 🚀🚀🚀! Where will it go? My guess is the top of our green channel or that .00045 level. That’s an 82% increase from here. And look at that beautiful double-bottom pattern we have formed. How many times have we’ve been successful trading that pattern (rhetorical question)? It’s our best setup by far so far. So, if you are wanting to enter this trade, we could get another small pullback tomorrow through Thursday but that’s not a risk I’d be willing to take as the thing could just continue to the moon. My preference would be entry here, setting stops somewhere just below that channel, and then holding on tight.
