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...
Expecting a bounce up from that area and over 100X potential; if haven’t bought bonk. Buy it and hold it I owned about $11.8 million Bonk tokens Don’t panic and sell; hold it
BONK has completed a nice consolidation with its falling wedge formation which we have broken out from. I expect a retest at the break of the wedge upper trend line then a continuation higher to the white line marked above.
Bullish Reversal Initiated: The asset teases a bullish reversal from a key demand level. Recovery Rally Underway: Currently on its fourth day of recovery, targeting significant price milestones. Momentum With Meme Coins: Gains additional momentum as Bitcoin stabilizes, drawing big investor support. Surge in Trading Volume: A notable 61% increase in trading volume...
CRYPTOCAP_OLD:BONK idea trade still in play if/when it breaks bull flag. target pin high
More than 3500% growth of the bonk But before that, there is a downgrade
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...
It 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.
Bonk needs to break this bull flag before it moves again. Next buy will be in 10-14 days
BONK (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...
Time to bonk it? Not financial advice. - Work of pure fiction and magic.
Two 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*
I am definitely late to the game but decided to throw some fun money at this idea.
Bonk rising steady. At a hurdle now. If clears it, I would long to at LEAST the next fib or trendline.
Green Line Over Red Line Above the cloud Above Ceiling 3 to 1 Risk Reward
BONK 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.
I 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...
A 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...