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Bonkusd

BONKUSD: Crossed above the 1D MA50. Strong buy.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 target (TP = 0.0000650). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BONKUSDLong
by InvestingScope
BONKUSD broke out and is targeting 0.00045BONK (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 the previous Falling Wedge. The new 3.0 Fib extension is at 0.00045 and that is our target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:BONKUSDLong
by TradingShot
2
BONK: PEPE, I'm coming home to you!Explaining the idea of why I expect BONK to fall further. Trend : LH's and LL's, peaks getting lower and lower, tapping into the floor of 0.00001 Volume peaks : I've marked the peaks with a red "X" both on the price chart and volume. Decreasing volume : Every time a peak has been made, volume as fallen, and so has price. See the red arrows on price and volume. I'm expecting this to be the case now too. Eventually breaking the floor of 0.00001 and falling to around 0.000005. That's about a 60% drop from current prices.
Short
by RiskCity
Bonk is ready to go higher (500% profit)Bonk is in extremely huge bull market, as you can see on the chart. I expect another pump because market never ends its uptrend in such way. We want to see a bearish divergence on the weekly chart first. if you buy now, a 500% Profit is really likely. We need to complete wave (5) to finish this uptrend. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades! Nearly half of the total supply, i.e. 50 trillion coins, is distributed among those who maintain the Solana blockchain and contribute to the development of the community in any way possible. According to Orca, a DEX built on top of the Solana blockchain, the airdrop resulted in approximately $20 million in trading volume. Since $BONK was listed across a number of popular crypto exchanges on December 30, 2022, the token has grown by over 2,000% in a week. Some projects built on Solana have already integrated $BONK as an option to make payments for NFTs, while others have provided users with the opportunity to earn BONK tokens for staking NFTs. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Long
by Xanrox
9
BONKUSD: More downside now but buy opportunity on the 1D MA200.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 you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:BONKUSD
by InvestingScope
2
Bearish signs on BONKAfter so many highs, BONK is falling. Why is this drop different from the previous series? 1- According to rumors, it seems that FTX has liquidated or is liquidating a large amount of its altcoins. 2- It is possible to start a bear market not only for BONK but also for the crypto market for 2 months. I marked 3 confirmations on the chart. First of all, the downward momentum is also very high. 1- The first confirmation is the stabilization below the KEY LEVEL in daily time 2- The second confirmation is the failure of the TREND LINE 3- The third confirmation is the creation of a bearish CH In general, the symbol that has risen this much is risky and should be taken care of In any case, your positions should not be based on FOMO and you should take a position or buy and sell your assets by carefully checking the chart.
Short
by behdark
4