Technical Analysis Update, Bonk Coin News Today 2024-03-23

in #steemit9 months ago

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Hello Everybody Welcome to my blog. Today we are going to talk about the Bonk Coin News Today


Bonk coin is doing things that are going to frustrate people we still trading quite low at the moment and there was a little bit of a break of Bonk as well we saw you know this little bit of resistance here that got broken to the upside and we might see Bonk actually be interested to move down a little bit and retest 1198 and one little detail that I've noticed is that there is a little bit of a demand zone

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1 hour time frame and show you a place that looks as if Bonk has been supported for a while and that's actually something like this right over here right now this is the main area that I think I'm going to pay attention to because why why not reason being is this is the same place you touched and there you touched it and moved up you kind of make a fake out retest it moved up a little bit so this has offered as a very good you know influential area I may say and then you do have this little bit of support and resistance as well

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I'm just going to drag it like that and now you have a time until 24 of March time until tomorrow for a squeeze to happen so if we end up doing something like this break above and start to push to the upside amazing

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I may be afraid that if you start to lose and if you start to take out 1878 just going to put in h there so if you come down and take 1878 and retest and fail there could be chances of actually coming down to 1368 as your next technical Target

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We don't want to lose this place it's a support area right losing support don't support the coin anymore

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