BONK🔥💫 UPDATE!!

ANALYSIS OF BONK MOVEMENT👍😉

Hello friends, we begin with the analysis of $BONK .
We keep the first chart in 4 hours and we can see how the price, after its strong bullish impulse, starts to form the HCH (Head and Shoulders) pattern marked in yellow. Generally, this pattern indicates a trend reversal and it was fulfilled perfectly.

Then we see how it forms a bullish wedge pattern indicating that at any moment it can continue its upward course.
We lower the chart to 1 hour to appreciate other details for the key moment that could be the breakout of the pattern and bullish following.

We see how at the end of the pattern, at the price of 0.40 cents, it forms a triple bottom and we see the first alert for a bullish movement, then the price breaks the wedge which is our second signal.

I trust that after this breakout, the price will continue its upward course. I know it's hard to see the market fall, but it's its natural cycle. Personally, every drop is a buying opportunity.
If you ask me what might happen in the coming days... well, we should reach the levels of 0.53 cents and then break that resistance, that’s my projection for the coming days.

Let’s remember that the market is based on probabilities and analysis; we cannot predict what will happen with the price, but we can anticipate movements by meeting certain parameters.
#bonk #bullrun2024📈📈