Bonk / USDT
0.00002299USDTR
+0.00000051+2.26%
Price in USDTAs of today at 05:50 GMT
USDT
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0.00002299USDR
+0.00000051+2.26%
Price in USD
BONKUSDT_EBB439 trade ideas
30-Min Power Play: Double EMA Cross Strategy - BONK USDTThis strategy is designed to leverage the power of EMA crossovers on 30-minute candle data, providing a clear and concise method for entering and exiting trades.
The strategy uses three key EMAs:
EMA 93: A short-term EMA, acting as the fast-moving average.
EMA 700: A long-term EMA, serving as the slow-moving average.
Exit EMA 4: A rapid-response EMA for precise trade exits.
Entry Signal: The strategy triggers a buy when the EMA 93 crosses above the EMA 700 on 30-minute candles. This indicates a potential upward trend, providing a strong signal to enter a long position.
Exit Signal: The trade is closed when the Exit EMA 4 crosses below either the EMA 93 or EMA 700, capturing profits or minimizing losses by exiting before a potential reversal.
This strategy is perfect for traders looking to capitalize on medium-term trends with clear entry and exit points, optimized for backtesting on 30-minute candle data. Test it out to see how this setup performs across different market conditions!
Trade Setup: BONK Long PositionMarket Context:
BONK is experiencing a pullback after a strong recovery bounce. We anticipate the price to start filling the daily wick before making another move higher. Entry should be carefully timed to manage risk, with clear invalidation levels.
Trade Setup:
Entry: Ladder into the position between $0.00001714 and $0.00001661.
Take Profit:
First target: $0.00001853
Second target: $0.00001975
Stop Loss:
Conservative approach: Close under $0.00001629.
Aggressive approach: Close under $0.00001538.
📊 Adjust your risk management based on your strategy and monitor the market for potential entry triggers. #BONK #CryptoTrading #RiskManagement 🎯
BONK looks super bearish (1D)From where we placed the red arrow on the chart, it seems that BONK has entered a correction.
Since a major wave has ended, we expect a bearish wave of the same degree to form.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Completion of Pullback and Upward MovementThe BONK/USDT chart shows that this currency is trading within a specific range and appears to be on the verge of completing a pullback. This move could be considered a preparatory phase for an upward movement.
Potential Scenarios:
Completion of Pullback and Upward Movement:
After completing the pullback, there is a possibility for the price to move towards the $0.000022 and $0.000025 levels. These levels can be considered as initial targets for an upward movement.
Monitoring Reaction at Key Levels:
Monitoring the price reaction at these levels is crucial. If the price surpasses these levels, the upward trend could strengthen, leading to higher price movements.
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 rebounds of 30% - 80%, 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 in the opposite direction is formed (the presence of a 5th wave down), the price may make a false breakout and update the low again.
Target: 0.00002355 - 0.00003392
Bonk Price Analysis: Key Resistance Levels and Potential SurgeBINANCE:BONKUSDT has been displaying intriguing movements on the 4-hour chart, with its closing prices showing slight fluctuations recently. Closing prices have ranged from $0.00001985 to $0.00002122, indicating a period of consolidation.
Currently, BONK is testing the resistance level at $0.00002127. Should it break above this level, the next significant resistance points to watch are at $0.00002220 and $0.00002250. Conversely, the immediate support levels to monitor are $0.00002069 and $0.00002057, with a stronger support level at $0.00002031. A drop below these support levels could signal further downside potential.
Technical indicators present a mixed outlook for the BONK price. The 9 EMA has recently crossed above the 20 EMA, suggesting a potential bullish momentum. This crossover often indicates that the short-term trend is gaining strength over the longer-term trend, which could lead to a price increase if sustained.
The MACD, though currently below the signal line, is showing signs of improvement. The narrowing gap between the MACD line and the signal line, coupled with the positive histogram values, suggests a possible bullish reversal in the near term. Traders should keep an eye on further MACD developments as they could provide early signals for entry points.
The RSI has been hovering around the neutral 50 level, recently rising above it. This movement suggests that the BONK price might be shifting from a neutral to a slightly bullish phase. An RSI above 50 typically indicates increasing buying pressure, which could support further price gains.
For traders looking to enter a long position, a confirmed breakout above the $0.00002127 resistance level could provide a favorable entry point, with targets set at the subsequent resistance levels of $0.00002220 and $0.00002250. A stop-loss just below the $0.00002069 support level might be prudent to mitigate potential downside risks.
BONK buy zone for long setupI do not like $BONK. The meme is horrible, the community on Telegram is full of bots and chatter, and there are many shillers on Twitter. It is a CRYPTOCAP:SOL coin, and they will do with it the same as they did with SEED_DONKEYDAN_MARKET_CAP:ORDI or CRYPTOCAP:WIF : pump it to the max and then throw it away.
However, until that happens, it is a hugely manipulated coin that can make you money.
CRYPTOCAP:BONK is a good profit machine but it can also wreck you. My entry would be at 0.00002000-0.000021000.
CRYPTOCAP:BONK can dump so hard that it can go below 0.00002000 in a matter of hours.
Buying low is the only way you can guarantee some profit because it can go lower easily and wreck you even more.
My green box guarantees about 15% on the way up with no leverage. Today in 6 hours, it went from 0.000027 to 0.000022, so it is entirely possible if CRYPTOCAP:BTC gets a small 5% pullback from here that my target will be met. So I put an order there and I will see.
Always DYOR. Meme coins are highly speculative and can go to zero for no reason other than getting outdated or being killed by a better competitor.
CRYPTOCAP:BONK is useless; their staking has no APR listed on the website, so it is all BS. But big money is using it, so surf the wave and sell as soon as you can to take your profit.
BONKUSDT Potential Head and Shoulders PatternIn the 4-hour BONKUSDT chart, there is a clear potential for a Head and Shoulders pattern. BONKUSDT has bounced off the support line at 0.000026083 and is showing an upward movement. If it retraces from the 0.000029495 levels, it could lead to the formation of a Head and Shoulders pattern.
In this scenario, a decline towards the area within the purple rectangle could be anticipated. In the event of a more severe decline, it is possible that the price could fall to the turquoise rectangle, which is outlined with a purple border.
Alternative Scenario: If BONKUSDT breaks through the 0.000029945 levels with significant volume, an increase up to the orange rectangle could be expected, and subsequently, it could move towards the red box. If the price rises to the range of
0.000032385 - 0.000033910, the Head and Shoulders pattern will be invalidated.
Attention: Given the high dominance of BTC, caution is advised, and BTCUSD should be closely monitored.
CAN THIS HAPPEN?!Playing around with some #ElliotWave Ideas... Lets see how it plays out!
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.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Bonk Price Update: Technical Indicators and Key LevelsBINANCE:BONKUSDT has shown a mixed performance, with closing prices gradually decreasing from $0.00003103 to $0.00002888. The 9 EMA and 20 EMA have both been trending downward as well, indicating a bearish sentiment. The 9 EMA, currently at $0.00002983, is also below the 20 EMA, which stands at $0.00002999, reinforcing the bearish outlook. However, this downward trend appears to be losing momentum, suggesting potential stabilization or reversal.
For traders looking to identify critical levels, BONK has key resistance points at $0.00003047, $0.00003161, and $0.00003248. Should the Bonk price break through these levels, it could signal a bullish trend reversal. On the downside, support levels are found at $0.00002740, $0.00002691, and $0.00002604. A break below these levels could lead to further declines, making them crucial for setting stop-loss orders.
The MACD indicator shows a bearish trend, with the MACD line consistently below the signal line and the histogram in negative territory. This suggests a weakening momentum, with recent values indicating a potential shift in trend. The RSI, currently around 44.77, has moved from overbought to neutral territory, implying that selling pressure has eased and the market could be preparing for a consolidation phase.
Given the current market conditions, traders should be cautious with entry and exit points. For long positions, a potential entry point could be above the resistance level of $0.00003047, aiming for a breakout towards $0.00003161 or higher. Setting a stop-loss slightly below the support level of $0.00002740 can help manage risk. Conversely, for short positions, entering below $0.00002740 with targets near $0.00002691 and $0.00002604 could be viable. A stop-loss just above $0.00003047 would be prudent to protect against sudden bullish reversals.
BONK’s technical indicators suggest a cautious approach due to prevailing bearish signals tempered by potential stabilization. Traders should monitor key support and resistance levels closely while keeping an eye on the MACD and RSI for early signs of trend changes.
#BONKUSDT Ready for the Next Massive Move? Positive SignsYello, Paradisers! Did you notice #BONKUSDT’s breakout from the descending channel? Let's break it down to understand what can happen next:
💎#BONK has been navigating a descending channel in a 1D timeframe and recently broke out to the upside. After the breakout, the price surged by almost 80%. The first profit-taking wave occurred a few days ago, and now the price is pulling back to retest the resistance-turned-support at the upper layer of the channel. This marks the second wave of profit-taking.
💎#Bonk has a support Level at $0.000018. This level has held multiple times before, and we expect it to do so again. If this support holds, we could see another upward movement.
💎However, If the $0.000018 support fails, we anticipate a bigger pullback to the next support level at $0.000015. The chances of a price increase from here become much bigger.
💎The overall macro sentiment and Bitcoin’s price movement will significantly influence this prediction for SEED_DONKEYDAN_MARKET_CAP:BONK , so make sure to keep an eye on the market. Still, if the $0.000015 support also fails to hold, the likelihood of a bearish continuation increases significantly.
Paradisers, if you want to be consistently profitable, you need to be extremely patient and always wait only for the best and high probability trading opportunities.
MyCryptoParadise
iFeel the success🌴
$BONK new setup. What do we know?
SEED_DONKEYDAN_MARKET_CAP:BONK is related to $SOL. If CRYPTOCAP:SOL dumps, SEED_DONKEYDAN_MARKET_CAP:BONK dumps as well; if CRYPTOCAP:SOL pumps, SEED_DONKEYDAN_MARKET_CAP:BONK
pumps. SEED_DONKEYDAN_MARKET_CAP:BONK has entered the resistance zone and stopped its freefall.
The FOMC meeting on Wednesday has a high probability of announcing positive news about interest rates. Since the BCE, Bank of Canada, and other central banks have lowered their interest rates, the FED is likely to do the same in the short term.
The RSI on 1H is low, indicating that SEED_DONKEYDAN_MARKET_CAP:BONK is underbought.
The CMF shows strength above 0. This means that more money and buyers are coming in.
SEED_DONKEYDAN_MARKET_CAP:BONK is one of the top meme coin with listing in all biggest CED like Binance and Coinbase..
The S&P 500 had a pullback, which could have negatively affected the price of $BTC.
The dollar is going higher, which can also negatively affect the price of $BTC.
Conclusion
Taking all this information into account, we are in a precarious situation, but if
CRYPTOCAP:BTC does not crash further, I think we are close to the bottom for $BONK. A possible dump to $0.00002500 is still possible but with low probability. Considering that this coin can do a +40% in 4 hours, I am buying long.
Here is my personal trading plan. I take the risk; DYOR and be sure to double-check before following. If you find something wrong, please leave a comment.
Buy: between $0.00002500 and $0.00002800
Take Profit (TP) at Fibonacci levels:
TP 1: $0.00002927
TP 2: $0.00003254
TP 3: $0.00003483
TP 4: $0.00003997
TP 5 to the moon: $0.00004456
Final reminder: this is my personal trading plan. External events can invalidate it, such as CRYPTOCAP:BTC dumping, CRYPTOCAP:SOL dumping, or any bad news, a war, a black swan event, etc. Do not blame me if you lose money following my plan; we are in the same boat, and I will lose too!
Enjoy riding this crazy coin. Big risks mean big rewards.
Do not use leverage with meme coins.
BONK planning to BREAK BARRIERS...This chart visual should say it all. NO EXPLANATION NEEDED.
The current price point will soon be archived -- history soon.
Expect some significant PRICE SHIFT to the upside.
KEY NOTES:
MASSIVE MASSIVE ACCUMULATION ON WEEKLY.
HIGHER LOWS CREATION ON HISTOGRAM (WEEKLY DATA).
*Again these are ideas, the coin is very volatile still. play it with safety -- even if signs are showing hints.
TAYOR.
Safeguard capital always.
BONK LOOKS VERY BULLISH AFTER I SAW THIS!Played around with the #FRVP tool and loving it.
The red lines are the POC for the previous months.
You can clearly see where the highest amount of volume has been traded over the past 5 months.
We are now above it! This is very bullish for #BONK as long as we stay above it! #Memecoin
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.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
