BONK / TetherUS
Long
Aggiornato

$BONK / USDT ready for another parabolic move?

697
BBONK is one of the most explosive memes in the top 100 crypto. Handle with care, as it can blow up at any time. It is the "official" meme of Solana. While, like CRYPTOCAP:FLOKI, the meme itself is horrible, the community is huge and active.

BBONK experienced a 30% pullback and is ready to pump again by 29%. If it passes through the $0.00003586 resistance, there is nothing to stop it until $0.00004424.

The Ichimoku Cloud is again in the green, and the two lines have crossed, which is bullish on a 1-hour timeframe.

There is a directional trendline showing the potential for a parabolic move, if it happens.

Right now, BBONK is crippled by a 1-hour bearish MACD, so we might see some pullback to the support at $0.00003335.

If BTC continues its uptrend, there is no reason why this would not happen.

It is a meme; it is a very risky idea, so DYOR as always.
Trade attivo
BBONK went to the support line as planned, now let see if the pump will start. It depends greatly on what BTC will do
Nota
All is moving according to plan. All signals are in the green (RSI, SRSI, Ichomuki etc...) the only problem is still the downtrend in the oscillators on the 1H timeframe.
Once the 1H has bottomed (about 4-5h up to 10h) we will have all oscillators in the green which is a sign of pump that the market makers will identify and they will jump in. Let's pray that all is following this plan and that BTC will not get a puke just when we are ready to take off!
Nota
I have updated this chart, please visit
$BONK short term symmetrical triangle pattern about to break out
Trade chiuso manualmente
This BBONK TRade was invalidated by a bear market episode. I close it.

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