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BONK / TetherUS

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BONKUSDT trade ideas

BONK - Held Key LevelCRYPTOCAP_OLD:BONK looks primed for another move to the upside. After predicting the bear market low within a few % we are back with another BONK prediction. We had a horizontal level (white horizontal ray) around $0.00002 that has been established as an important liquidity level. After retesting it, price held up beautiful and has started to move to the upside. Also, our daily RSI is showing strength. We have a green trendline of support dating back to December of 2023 that we just held as support and also a white trendline around the 45 level that we just had our 3rd low put in at.
by VIAQUANT
BONK: Retest and Potential PUMP !BONK is a Solana-based meme coin that has been gaining popularity in recent weeks. The price of BONK has been on a tear, rising from $0.00000001 to $0.0000023 in a matter of days. After reaching a high of $0.0000023, BONK experienced a pullback and retested the 4-hour upper resistance trend line. This retest could be a sign that BONK is ready for another leg up. The AMD setup: The Wyckoff Accumulation, Manipulation, and Distribution (AMD) setup is a popular technical analysis model that describes the three phases of a market cycle: Accumulation: During this phase, large buyers accumulate tokens at low prices, often creating a bullish chart pattern. Manipulation: In this phase, the price is manipulated to create the illusion of a strong uptrend, attracting retail buyers. Distribution: In this phase, the large buyers sell their tokens at high prices, causing the price to dump. The current BONK chart: The current BONK chart shows that the price has been following the AMD setup. Accumulation: The price accumulated in a horizontal range for several weeks. Manipulation: The price broke out of the range and rallied sharply. Distribution: The price pulled back and retested the upper resistance trend line. Why this is a good time to buy: Retest: The retest of the upper resistance trend line provides a good entry opportunity. Volume: The volume is increasing, which is a sign of strength. Social media hype: There is a lot of hype surrounding BONK on social media, which could provide additional fuel for the rally. Conclusion: BONK has been following the AMD setup and is currently retesting the upper resistance trend line. This could be a good time to buy in anticipation of another leg up. However, investors should always do their own research and exercise caution before investing in any cryptocurrency.
Long
by Yaroslav_Krasko
🔥 BONK: Huge Cup & Handle For Massive Profits!In this analysis I want to take a closer look at BONK's cup and handle pattern and the potential massive trade we can make based on it. I'm aware that the handle is not perfect because of the wick, but I still deem the pattern valid enough for a trade. The 2000 area seems to be holding on two separate occasions now, which makes me believe we can use it as a decently strong area of support. Target at 10.000 based on the idea that the pattern will break out and make new highs in the future. Combined, we can create a huge signal with a RR of over 25.
Long
by FieryTrading
9
BONKUSDT BONK$ After smaller correction going Tp 0,0000039xxAs we can see BONK hit 0.5 fib retrace level before btc decided to go and chill with the bears, looks like the bulls jumped in and BONK$ is easy heading towards 0.618 fib level will be around 0,0000039xx$ level! Also, I love that kind of shape below a bull pattern, before or after retest, then you know things will get serious ;)! Happy trading, and dont listen to me im not a financial expert or anything close
Long
by Robbanbro420
3