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 🎯
BONKUSDT
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 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.
BONK TRADE SETUPHello Folks !!
We can see BONK in a lower trend for the last two days. Currently, it is trading at .0283 and still in a downtrend. We can see immediate support between .274 to .0279.
We will wait till the price touches this point and put p [roper SL. IN case the channel breaks upward, we can see short term movement of around 20% and 40-50% in the long run with targets between .032 to .038
Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES!!
This is not financial advice, please do your own research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
#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 price has been in consolidation for 5 months. Medium tradeStill, capital has been not investing in fundamental technology coins.
That's why we are looking at memecoins 😱
Perhaps #BONK is a memecoin worth watching. Despite the fact that the market cap is $1.8 billion, # OKX:BONKUSDT price is adjusting/consolidating quite harmoniously.
The chart shows a medium-term trade option for CRYPTO:BONKUSD
And then, risk management is up to you)
BONK buy zone to refill your bag.I 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 whale coin, and they will do with it the same as they did with SEED_DONKEYDAN_MARKET_CAP:ORDI or CRYPTOCAP_OLD: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. We are not here for philosophy but to make a profit.
CRYPTOCAP:BONK is a good profit machine but it can also wreck you. My entry would be at 0.00002000-0.000021000; higher than that, I am not interested. 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.
Bonk Done Bonkin'Traders,
As mentioned in my recent videos and posts, meme-coins (of all categories of coin) are looking positive here, especially those on the Solana blockchain. We’ve talked about Wif. We’ve talked about Boden (up 31% today). We’ve referenced TRUMP. All of these are on the Solana blockchain. All are doing well.
Another one I have referenced, stating it is in a good position for future boom is BONK. Up over 40% from its low, it continues to 🚀🚀🚀! Where will it go? My guess is the top of our green channel or that .00045 level. That’s an 82% increase from here. And look at that beautiful double-bottom pattern we have formed. How many times have we’ve been successful trading that pattern (rhetorical question)? It’s our best setup by far so far. So, if you are wanting to enter this trade, we could get another small pullback tomorrow through Thursday but that’s not a risk I’d be willing to take as the thing could just continue to the moon. My preference would be entry here, setting stops somewhere just below that channel, and then holding on tight.
BONK surges 10%. Will the rally sustain?BONK’s price was bearish in the early hours of the day before support was established at the intra-day low of $0.00002. However, with the announcement of the treasury proposing an 84 billion token burn, the digital asset witnessed a 10% surge, reshaping investor sentiment and market trend.
This strategy is part of a broader effort to enhance token scarcity and increase its value over time. This can be considered as the turning point for BONK since decreasing the supply is usually positive for the investors. This burn according to the announcement represents the q2 amount of BONK sent to the DAO from BONKBot.
In April, the BONK Decentralized Autonomous Organization (DAO) had already set a precedent for such impactful decisions. The DAO passed a proposal to burn a staggering 278.39 trillion BONK, with the community vote showing overwhelming support: 418.63 trillion votes in favor, representing 99.9% approval.
The technical indicators on the BONKUSDT price chart point to continued bullish momentum. The Money Flow Index (MFI) rating of 68 suggests that money flows in the BONK market may sustain a bullish rally.
In addition, the Moving Average Convergence Divergence (MACD) has shifted into the positive region and above its signal line, reflecting a strengthening bullish trend. Moreover, the histogram developing higher bars suggests that buying pressure is increasing.
Concurrently, with a Relative Strength Index (RSI) rating of 67, this bullish momentum will likely trend upwards, with a potential target of $0.00003600 after hitting a double-bottom pattern on the 4-hour price chart.
NOTCOIN Up 85% In Four Days. Targets & Trade Strategy.Traders,
So, two days after recommending, NOT coin had one last liquidation event before popping up and out of this bullish descending wedge nicely. It then proceeded to rally 85% from its wick low to its current price as of this post and a full 35% from where I recommended entry!
As I’ve stated previously, altcoins are few and far between right now for long entries. But there are a few you’ve heard me mention which have good setups. NOT coin was one of these and is why I entered initially.
If you are still looking to re-enter this coin, 15 cents appears to be a great level. You will see that volume has created a nice level of support at that price.
For those of you still in the trade, I have drawn four levels above my entry, the first level we’ve already hit at 15 cents. Target two comes at around 19 cents. Target three at 21. The final target is 25 cents plus.
Best of luck to you all!
Stay tuned and I’ll do some more analysis on some of my other recommendations, like BONK, up 15% today so far.
Stew
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 a rebound of 30%, 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 is formed, the price may make a false breakout and update the low again.
Target: 0.00002525 - 0.00003378