Technical Analysis Update, Bonk Coin Today 25-08-2024
Hello Everybody Welcome to my blog. Today we are going to talk about the Bonk Coin
Hi, friends Bonk has been doing something ridiculous I think that you've broken above here and you came down very quickly more time now the question is is it still good to continue to go up & something bad coming up again after a bad Market still 70% let alone when the good time comes you will not even imagine how good of profits
Bonk has failed to do one thing but has been successful in doing another right so what does that mean it has failed to retest successfully you've broken above that resistance and you failed but you were successful in breaking this resistance and retesting it successfully
That thing and after you have pushed down like this maybe just maybe it could be an opportunity to probably buy again because you have made a bull cross and you have just come down to retest the EMAs and you're bouncing off the 20 EMA at the moment
Bonk to come and move to the upside If you check the RSI shows that there's a little bit of nice good buying pressure as well and we might start to push back up again and try to break this pattern for good and continue to go even higher and probably higher to 28 right over there that's what I see, let's see what happens
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"🚀 Wow, this post is packed with insights! 😊 I love how you're sharing your thoughts on Bonk Coin's performance. Your analysis is thorough and engaging, making me curious to learn more. 🤔 The charts and images really help to visualize the points you're making. 👍 Keep up the great work, and thanks for sharing your expertise with us! 💡 I'm excited to see where this journey takes Bonk Coin. Have any of our fellow Steemians tried investing in it? Let's discuss in the comments below! 🤝 By the way, don't forget to vote for xpilar.witness at https://steemitwallet.com/~witnesses and help support the growth of our wonderful community. Upvote, comment, resteem, and let's keep the conversation going! 😊"