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Bonkusd

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
Bonk still stuck below 1.272 Fibonacci ResistanceBonk has remained below Fibonacci extension level since Dec.8, showing little to no signs of life. ..................................................................................................................... We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
by CryptoTrend-Alerts
BONK H&S 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 here and take a long from 1hr TF unmitigated bullish OB around 0.004395 and long from there to previous swing high…. Follow for more market update
Long
by MICHELXM
BONK BOINK BOUNCE (soon).... an update from the first post:An update from my initial post of BONK from March 30, 2023: Looks like we have a confluence of confirmation now -- and clarity of direction should be a no brainer. ON weekly we have a massive net buying accumulation at 1.4T bonks traded (in addition to March 20's 3.67T bonks traded) -- cementing a good base support for a reversal to the upside. March seems to be an 'accumulation' month -- so it appears. Expect a continuation of ascend further up from here. We're up by +16% so far from the lastpost. SEEDED AT 0.0000005656. Last post from March 30 2023:
Long
by JSAL
2