The Key factor to watch is bitcoin dominance , we see ETH/BTC pair as broken down which give the flow of liquidity to bitcoin! hence all the altcoin will dry up in liquidity which will make the price of those token drop and we seeing a similar thing when you look at the meme coin king DOGECOIN BONK CHART Looks very similar to shiba inu, price which has...
If you find this information inspiring/helpful, please consider a boost and follow! Giving up a pretty decent Elliott Wave pattern here, but this pattern can be a bit tricky. So watching how it plays out can be one way to potentially gain some clarity and the next move. If it breaks down I would be looking for it to fall into the 50% and depending on how the...
After returning to the previous ceiling, bonk rejected just near the 0.618 fibo. Therefore, it is expected that it will first break the bottom of 0.025 and then pull back towards the last LH. In that area, we can have a short position with a stop a little higher than the last LH.
#BONKUSDT UPDATE Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze BONK today. Descending Channel breakout done in 4H & Retesting process complete . Expecting 40%+ profit so far🚀
Bonk turned bullish again on its 1D technica outlook as the rebound that started on the 1D MA200, crossed yesterday over the 1D MA50 after two weeks. Since the underlying pattern is a Channel Up, we consider this the bullish confirmation that this move is the new bullish wave. The previous peaked on the 1.236 Fibonacci extension. We will pursue that very same Fib...
#BONKUSDT UPDATE BONK has breaked the main Falling Wedge Pattern. And already getting a good volume. We can see gain here upto 50%+ soon✍
BONK broke through the major descending resistance line and the resistance level. Bullish movement is expected to reach the next resistance level.
💎 Paradisers, the recent market dynamics surrounding #BONK have indeed been noteworthy. 💎 After encountering resistance in the recent trading sessions, BONK is now poised for a potential retest of the support level. This retracement is a common occurrence following a breakout of a descending resistance area. The indicator tool MACD is the golden cross which means...
🚀#BONK Analysis : 🔮As we can see in the chart of #BONK that there is a formation Descending Channel.... currently #BONK is trading around its major resistance zone. Incase of successful breakout of resistance zone and pattern breakout...... we can expect 2-2.5x bullish wave in coming weeks📈📈 🔰Current Price: $0.00002057 🎯 Target Price: $0.00004266 ⚡️What to...
Ive marked out key areas below to find support. These levels are fib 618 levels, breaker blocks with volume info, vwap yearly snap points, imbalances and Points of Control untapped. ndPOCs. I have no idea where the market is going but "if" it goes down then these levels could be amazing supports. look at my Total market chart for better bias as we move...
Please see chart for details. These are the trades we generally share to the group privately.
#BONK The price is moving in a symmetrical triangle on the 4-hour frame and we have a support area in green at the level of 0.00002600. We have a higher stability moving average of 100 We have a breakout of the triangle up and a retest Our RSI indicator has a downtrend that is about to break higher Entry price is 0.00003296 The first goal is 0.00003883 The...
Without a doubt, BINANCE:PEPEUSDT and BINANCE:BONKUSDT are two of the most loved meme coins these days. While I don't recommend trading them with scared money , there's certainly money to be made, especially given their technical nature. In Pepe's case, as illustrated on the chart, there was over half a year of accumulation, forming what appears to be an...
BONK broke & retest the resistance trendline, and we expect the price to move up. Buy when the price goes above 0.00027 level.
Bonk bounced down off the descending trendline and the resistance level. A decline to the support level at 0.00002$ is expected to happen.
I can clearly see cup & handle formation in BONK at daily timeframe, which is bullish pattern. Here 0.00002 area is holding and is expected to move towards 0.00005 zone in few days.
BONK is on the verge of creating a double top, with a possible retracement target at $0.0000193, aligning with the 0.5 Fibonacci retracement level. It appears significantly overvalued. In my view, this meme coin bubble is poised to burst soon.
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...