🔥 BONK Bearish Triangle: Preparing For Dump
With Bonk's reversal from the 1800 area, we can construct a clear bearish triangle on the chart. Bearish triangles often break bearish to make new lows, so that's going to be the idea behind the trade.
Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range.
Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
Wait for the price to close below the triangle's support area. Looking for a move towards the 380 range.
Might be far-fetched, but this token did a massive 200x in a matter of weeks, so a big correction is to be expected at some point.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.