#1000BONK
The price is moving in an upward channel on a 4-hour frame and we have a support area in green at the level of the lower border of the channel at the price of 0.02200.
We have a trend to rise above the Moving Average 100 after breaking it down
The RSI indicator has a downtrend that is expected to be retested
Entry price is 0.02350
The first target...
1000BONK UPDATE: 1000BONK created inverse head and shoulders pattern on 4hrs TF….. The neckline is currently serving as a major resistance but I’m looking into two scenarios here…
First scenario: I will patiently wait for breakout from the neckline and take a limb from there after retest of the neckline
Second scenario: I will wait for a pullback from...
