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BONK / TetherUS

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BONKUSDT trade ideas

BONKUSDT - Climb Back to .00004The weekly MACD hasn't been drawn yet so there's likely more impact by the daily MACD on the price point. BONK has seen .00004 as a high, so it's possible there's shorts waiting to get rekt at the top. Expecting a slow climb back towards .00004. Take note of the rising stochastic and MACD. Long/shorts ratio has taken a standstill at .000012 to .000014 indicating there's a supply level there. If it does fall to .000012 I would pick up more. A great 2-3X hold.
Long
by Terrapins
11
Bonk Catastrophe... Level 1 (50%), Level 2 (85%) & Level 3 (95%)I think a true disaster will happen here. It seems that the biggest damage will happen to the memecoins side of the market, based on what I am seeing coming from the charts. Here we are looking at Bonk. You know, a major crash leads to a very strong rise when market conditions switch from bearish to bullish, we've seen this in the past. These memecoins grew really strong and the same also works in reverse. A major rise tend to produce a very strong correction and since there hasn't been much for this pair in comparison to recent growth, a major market flush can cause real damage. Ok, what is the chart saying? My name is Bonk, James Bonk... ➖ BONKUSDT can easily lose ~50%. This would be level 1. But there is also level 2 and level 3. ➖ Level 2 would mean a 85% drop from current prices and level 3 a 95% drop. ➖ Level 1 support can be tested easily, that would be -50% for BONKUSDT. The other two, I don't know, but the market has been consolidation for many months for a major drop. If level 1 breaks, prepare for the worst. Namaste.
Short
by AlanSantana
3
Bonkusdt Trading opportunityBonkusdt is currently trading above a significant neckline, which is exhibiting robust support. Our expectation is a retracement towards this pivotal level before a resumption of bullish momentum, with a strong anticipation of impulsive wave 3 to ensue. This wave 3 is subdividing into 5 sub-waves, as depicted on the chart. I believe this coin holds substantial potential. A comprehensive follow-up will be provided for updates. Share your insights in the comment section and show your support by liking the post. Thank you.
by weslad
22
BONK ANALYSIS📊 #BONK Analysis ✅There is a formation of Descending triangle pattern on daily chart with a good breakout and retest.🧐 Pattern signals potential bullish movement incoming after a breakout of major resistance zone 👀Current Price:  $0.00002265 🚀 Target Price:    $0.00003260 ⚡️What to do ? 👀Keep an eye on #BONK price action and volume. We can trade according to the chart and make some profits⚡️⚡️ #BONK  #Cryptocurrency  #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
BONK among top-gainers. How far will the breakout go?In the last 24 hours, memecoins have taken the spotlight, suggesting a potential memecoin season. Leading the gainers list among the top 100 cryptocurrencies by market cap is Bonk (BONK) which is up by 3.8%, followed by Dogecoin (DOGE) with a 3.2% increase. Bonk’s price action is currently displaying strong bullish momentum, raising the question of whether BONK/USDT will break out and surge higher as we approach the final quarter of the year. This period is historically bullish for the crypto market. The pair is trading within a large symmetrical triangle, with the price moving closer to the resistance of this pattern. The symmetrical triangle, which has been forming since the start of the year, indicates that traders and investors have accumulated significant amounts of Bonk. The potential for a breakout seems imminent. Earlier, the pair formed a triple bottom at the $0.000016 zone, a pattern that typically signals a reversal. This triple bottom has been confirmed by a break above the neckline, but a breakout above the upper resistance is crucial for the bullish scenario to play out. Several indicators support the idea that Bonk could break out and rally. For instance, the MACD has fully flipped bullish, with the histogram bars indicating increased buying momentum. This further strengthens the bias that it could break above the resistance and pump significantly. If the breakout occurs, traders could see a potential return of more than 70%, from the breakout zone to BONK’s all-time high.
Long
by paul_endeo