$Bonk trade idea still in playCRYPTOCAP_OLD:BONK idea trade still in play if/when it breaks bull flag. target pin high
BONKWPOL_88EB11.USD trade ideas
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.
Bonk Coin's Falling Wedge: Echoes of Doge's Past?CRYPTO:BONKUSD CRYPTO:DOGEUSD
Bonk Coin, a new player in the meme coin arena, exhibits a falling wedge pattern on its chart, mirroring a formation seen in Dogecoin before its monumental rise at a similar market cap stage in early 2021. The falling wedge, often a bullish signal, suggests a compression of price and potential for a breakout.
The resemblance to Dogecoin's setup at the $700 million market cap level implies that Bonk Coin could be at a pivotal point. If history rhymes, a breakout from the wedge could mark the beginning of a significant upward trend.
The falling wedge in Bonk Coin's chart invites comparisons to Dogecoin's pre-rally phase, hinting at a possible breakout. Traders who draw parallels to Dogecoin's past may watch for a similar trajectory, keeping the meme coin's inherently speculative nature in mind.
Disclaimer:
This brief analysis is for informational purposes, drawing parallels for market reflection, not prediction or financial advice. Meme coins are highly volatile and influenced by market sentiment. CRYPTO:SOLUSD
$Bonk crabbing it's way to upsideBonk on a smaller time frame expecting a small retracement at 0.12 ⁵ , then to 0.15 ⁵
Possible Inverse Head and Shoulders with big upside potential. BONK BONKUSD when viewed on the 3 hour chart which is two hours after open, we see a possible 50 MA cross of the 200 MA. Oscillators and technicals support this move IMO along with volume spikes at key levels. May have to be a short squeeze to make it happen. DYOR NFA
BONKUSD BONK Bullish Divergence of a Descending Broadening WedgeBullish Divergence beginning on the 1hr chart that is part of a larger Descending Widening Wedge Pattern. Volume spikes at the upper and lower trend lines as buyers try to reverse the trend and sellers becoming exhausted. A measured move above the upper trendline targets the 2.618 Fib and brings the price to ~ 00001190, a long-term support and resistance. If price holds, it may be a continuation of Bullish momentum leading to a breakout of the larger channel. NFA/DYOR
$BONK Descending Broadening WedgeA measured move to the upside is confluent with previous support and resistance. Like the pattern describes, volume has increased with touches at the top and bottom trend lines.
$BONK, Ready for new Lows 🤯 📉$BONK falling off a cliff and heading for $0.00000800 great buying opportunity 🤑
Target = $0.000008
Probability = 70 - 80%
** CRYPTOCAP:BTC MUST BREAK BELOW $41,100 and or CRYPTOCAP:SOL continues to feel Sell pressure by overall bearish market sentiment.
- Will be monitoring and provide updates as I see confirmation 🧐 📝
