BONKUSDT trade ideas
$BONK - Bullish Structure DetectedBONK AI coin in Solana Ecosystem. As we know Solana have a great news and I think it will affects to all in the Solana ecosytem.
BONK have a bullish structure and still hold above the tren line.
Buy some in the purple area.
Target : $0.0000445 - $0.00006437 - $0.00010328 - $.....
Invalid if price close below $0.000018 on Daily
BONKUSDT - UniverseMetta - Analysis#BONKUSDT - UniverseMetta - Analysis
On D1, the price may push off from the lower border of the channel and begin an upward trend. From the border you can see a rebound of 30%, which indicates the presence of buyers.
On H4, for confirmation, you can wait for the formation of a 3-wave structure along the trend and consider buying. You should be careful if an ABC or 3-wave structure is formed, the price may make a false breakout and update the low again.
Target: 0.00002525 - 0.00003378
#BONK/USDT#BONK
The price is moving within a descending channel pattern on the 4-hour frame, which is a retracement pattern
We have a bounce from a major support area in the color EUR at 0.00001815
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.00002050
The first target is 0.00002465
The second goal is 0.00002870
The third goal is 0.00003360
BONK IS AT SUPPORTBONK is trading at the major support level. If we can keep trading above this level, there's a big chance we can have a nice move to the upside.
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.
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This is not financial advice. This is for educational purposes only.
sharp knifeCatching a bonk in a downtrend is like the neck of a sharp knife. The range of Fibonacci density is marked in green, but I think this is not enough. Confirmation of the exit from the bullish trend in Bunk should be clearly seen. But it's just my personal opinion that the bonk will turn up from the range of 0.0000214336--0.0000225492.