We 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
A great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
A great scalp position, given that we are in a strong uptrend and corrective wave analysis we can expect to return to the green zone.
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...
Bonk on a smaller time frame expecting a small retracement at 0.12 ⁵ , then to 0.15 ⁵
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
Bullish 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...
A 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 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 🧐 📝
Respect how clean this correction on $BONK is, so far. 62% fib retracement. Impressive for a meme. But I'm not convinced its finished trending down on higher timeframes. Invalidation of downtrend above ~.000021 BONKUSD (approximate level- technicals are iffy on memes).
Bonk is pivoting around the 1D MA50, on a neutral RSI = 47.450. Only a 1D MACD Bullish Cross constitutes a buy signal and we expect that to be near the 1D MA200 and the 0.382 Fibonacci level. We will buy once those conditions are fulfilled and target the -0.382 Fibonacci extension (TP = 0.000260), a +6.100% rise like the one from November to mid December. ## If...
Sorry this chart was urgent so excuse the sloppiness. Bearish Triangle pattern forming will retest the channel, if yellow arrow breaks orange support (not drawn all the way out), it could get real ugly nasty! Best case: true double bottom! They wanna bring that RSI down on the daily. This is 45 here fyi. Bork out!
Looks like we are heading lower: Probability = High Target = $0.00000712 - 730
$BONK !!! If You Know Then You KNOB $BONK to 0.0000007777 Good confluence with a weird wedge breakout and some fibs $BONK is the CRYPTOCAP:SOL meme this cycle
$BONK with the round bottom mmmm with a little bit a ISHS
Bias: Neutral-Bullish Description: BONK token's chart indicates a consolidation pattern forming, with potential bullish divergence noted on the RSI. The price is hugging the SMA (24), suggesting indecision but with possible upside if supported by volume. Direction: Potential Upward (Conditional) Entry: Consider entry on a confirmed breakout above the recent...
Current State: BONK price is undergoing a significant pullback, hinting at a deeper correction phase. Struggling below $0.000015, it reflects a weakening bullish grip. Key Support Levels: Despite the downturn, BONK finds support at the 200 EMA in the 4-hour chart, suggesting a potential rebound. Death Cross Concerns: The rapid decline has raised concerns of a...
But what if you hold #Shib and are looking at this chart? and want to dump one dog coin for the hot one. FoMoing now could be disastrous. Maybe there is a chance of a pullback in this ratio to 1:1 if that occurs, It could provide an opportunity to rotate.