Thursday, June 19, 2025
HomeBitcoinBONK Getting Prepared for Subsequent Leg Up: Newest TA Insights

BONK Getting Prepared for Subsequent Leg Up: Newest TA Insights


BONK crypto has been in consolidation whereas

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is simply beneath ATH and on the brink of print a brand new one. It may well look scary for merchants after they see purple colors or -%…, however these are the instances to concentrate to your key ranges and execute properly. No worry, simply good danger administration!

 

Herro’s level is definitely good. When you open the BONK towards BTC day by day chart, you’ll discover out that the pair’s market construction is bullish, with larger highs and better lows.

Please additionally revisit the final article discussing BONK value, which was $0.015!

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BONK Crypto Prepared for Leg #2: Chart Evaluation Time

BONK crypto coin insights from latest price movements and technical analysis. Open the charts with us and explore key levels and trend!

(BONKUSDT)

BONK on the day by day timeframe shouldn’t be solely making larger highs and better lows versus BTC, but additionally towards USD. In opposition to BTC is a little more spectacular, although. Since, and I’ll underline this, Bitcoin is correct beneath its final resistance earlier than a brand new ATH. This, in fact, signifies that it may be rejected at resistance. It’s thrilling when a coin behaves as it’s anticipated to! Regulate MA50 and MA100.

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(BONKUSDT)

Now, let’s take a look at the 4H timeframe. Earlier than that, I’d like to notice that even when BTC goes down from right here, BONK can nonetheless carry out strongly towards it and make a brand new excessive. On this chart, we see two wicks to our value goal from the earlier article. Whoever caught that transfer – congrats, because it was a 50% leg! We noticed clear rejection and an SFP on this timeframe, which indicated {that a} retrace is probably going. Now we’re these two key zones – MA200 and $0.017.

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(BONKUSDT)

1H timeframe, right here we go! RSI has been reset, and the worth is now ranging. Ideally, we’d like to not go right down to $0.017 and front-run that stage. If it occurs, the individuals who have orders that low should purchase larger, which can feed the brand new leg up much more. A reclaim of the MAs is what we need to see now, with or and not using a contact of both inexperienced circle. Then a take a look at of $0.025 once more, and ultimately a break of that stage.

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BONK Getting Prepared for Subsequent Leg Up: Newest TA Insights

  • 50% transfer up reached and now forming the next low
  • RSI is reset on 4H and 1H timeframe. Perhaps wants decrease on 1D
  • Key assist is final low on 1H, or $0.017
  • Reclaim of MAs on low timeframes is a symptom of the following leg inbound

 

The put up BONK Getting Prepared for Subsequent Leg Up: Newest TA Insights appeared first on 99Bitcoins.



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