Technical Analysis Update, Bonk Coin News Today 2024-08-06

x3-comments (68)in #steemit • 4 days ago

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

Bonk is holding the support as I told you before because there's a trend line going on the next thing that I do expect here is that we see Bonk slowly starting to go back up to this upper trend line and that's going to be a price move of 3091

I do expect that we may see Bonk making it all the way up for maybe a 57 or 55% move to the upside now this is of course making a very huge triangle and if you look at it on the daily right now you have to be careful because if if Bitcoin gets worse then you might even drop down like this and then end up coming to the lowest part of the triangle which is going to be 970 right

You're going to hold this triangle at the moment then it makes sense for you to just go back up right get rejection go down and continue until you don't either break up or you don't break down for good