Bonk Cryptocurrency Price News Today – Technical Analysis Update! Elliott Wave Price Prediction!

Bonk Cryptocurrency Price News Today – Technical Analysis Update! Elliott Wave Price Prediction!

[Music] hello and welcome to another update video about Bonk Bonk has already um in the last few days performed really well we already saw that coming that there is a potential five-wave move to the upside that is forming from the 13th of April low yeah so I already highlighted when was that like a week ago couple weeks ago a week ago that um Bon was likely forming here or working on a possible impulsive reversal from this swing low that was formed yeah on the 13th 14th of April here where the price reached not only the support range but also the 100% extension level of the internal structure at 126 316 and from I mean that is always an ideal spot to find support and to turn around you know not super reliable because we’re dealing overall with corrective price action as long as the price is correcting makes sense um but still something to watch of course and the price has then given us a first one two setup okay and then we have been tracking this third wave rally to the upside which did what it needed to do it did extend quite a bit it did extend never broke support and from here first the upside was highlighted as possible and likely as long as we’re holding the orange micro support area and funny enough it did again the same thing that it did here which was reaching and reacting to the 100% extension also here when we look at the internals of that potential internal wave four structure of this circle Wave 1 impulse um we also had here an a-wave and a b-wave triangle now B waves can be triangles triangle patterns are always the second to last wave of a cycle and here we had the potential okay is it a b wve triangle and we come down in wave C to complete the corrective wave four cycle or is the entire wave for the triangle and we get one more high in wave five to complete the circle Wave 1 cycle well it decided to go down into support and actually then with the internals we could calculate an additional Target area and it reacted again to that 100% extension level again they are not super reliable but in this case the price targeted it twice okay since the beginning of this rally there and then yeah I mean at the moment we are on track to getting to an ideal Target for wave five of circle 1 defined between 349 well it’s defined at 349 to 50 the 61.8 extension that’s the 61.8 Fibonacci extension of waves 1 and three together and it’s just an ideal Target I mean it doesn’t need to get there okay what I would like it to do though is at least briefly break above the red line that would give us a clear five-wave move the red line is defined at 297 no 296 220 that’s the red line here this resistance level and I mentioned to you in previous updates that this is going to be the next resistance should we Rally from support then this is going to be our next resistance level and I also added yet yesterday for you this range of Fibonacci resistance levels there uh starting at 29630 and we have arrived there now okay so this is now again where we have to be on the lookout for a potential start of circle wave to ideally not yet ideally it goes a little bit higher and it would be ideal if we get a nice and healthy wave five before Circle Wave 2 starts as soon as I see a top in place I will give a support area but at the moment it’s not clear nearly five waves up so just needs a little bit higher just a little bit higher but I think the bottom line is we’re now in resistance and you wouldn’t expect necessarily too much more movement from here but I’d like it to stretch to 349 to 50 and then we’ll take it from there at the moment either way there is no evidence of a pullback of sorts that’s my update about Bon hope you like the update if you did please hit the like button leave a comment and subscribe and if you really like the content then please check out the channel membership also make sure that you follow us on Instagram and Twitter for additional content thanks a lot for watching bye-bye

Link to the More Trading Online Stocks and Shares Service:
https://www.patreon.com/MoreTradingOnline

Trade on Bybit:
Receive an up to $30,000 bonus (see terms on Bybit)
https://partner.bybit.com/b/MCO

Ethereum ETH Price News Today – Technical Analysis Update and Price Now! In this video I talk about a technical analysis of the Ethereum Price and I talk about some important price moves that are happening right now! Ethereum Price Prediction! I also talk about Elliott Waves!

—————————————————————————————–
🧿 Links:

Trade on Bitget:
https://partner.bitget.com/bg/UQ4SQX

Technical Analysis with TradingView:
https://bit.ly/Crypto_Tradingview

Set up trading bots with 3commas.io:
https://3commas.io/?c=tc1323713

Trade on Coinbase:
Receive $10 in BTC (see terms on website):
https://bit.ly/MCOinbase

Trade on Binance:
Receive a 15% fee discount (lifetime) when using this link.
https://accounts.binance.com/en/register?ref=XNWEZH08

Trade on Kucoin:
Receive a 20% fee discount:
https://www.kucoin.com/r/af/QBSSSL4T

Trade on Bybit:
https://www.bybit.com/en-US/invite?ref=WE4091
Code: WE4091

Trade with eToro:
https://etoro.tw/3oFUKCk

Trade with Trading212:
Receive shares worth up to $100:
https://bit.ly/Trading212MCO

Protect your cryptocurrencies with Trezor:
https://bit.ly/morecryptoonline

Protect your cryptocurrencies with Ledger:
https://shop.ledger.com/?r=0fb3c8be2e46

Stay safe with NordVPN:
https://go.nordvpn.net/SH4s0

—————————————————————————————–
🧿 MCO World:

You can find the Technical analysis channel here:
https://www.youtube.com/channel/UCsl6Z6p7GOkczo8Cv-GH6Dg

You can find our German crypto Youtube channel here:
https://www.youtube.com/channel/UCRRrpK63KNPZMTLbv61UKRw

Please check out the More Crypto Online website:
https://www.morecryptoonline.com/

Official Social Media Links:
Instagram: https://www.instagram.com/morecryptoonline_official/
Twitter: https://twitter.com/Morecryptoonl
LinkedIn: https://www.linkedin.com/company/more-crypto-online/

—————————————————————————————–
🧿 Join the private MoreCryptoOnline membership group:
https://www.morecryptoonline.com/plans-pricing OR
https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR
https://www.patreon.com/morecryptoonline

🧿 Join the private MoreCryptoOnline foundational video training course:
https://www.morecryptoonline.com/technical-analysis
—————————————————————————————–
⚠️ Very important: ⚠️
– please do not reply to anyone with the MCO logo in the YouTube comments who sends you a Whatsapp number. This is scam!
– please do not join any other MCO Telegram channel than the ones you received the links for. These are all scam!
– You find the official Social Media links down below in the description section.
—————————————————————————————–

☕️ Caffeine:
For additional support you can now buy me a coffee ;-):
https://www.buymeacoffee.com/morecrypto
—————————————————————————————–

Financial Disclaimer:
We are no financial advisors. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Ideas presented in this video are my opinions at the date of recording and may have changed after recording.