#BONK/USDT #BONK $BONK Discussing the long-term prospects of this asset requires extensive research and detailed information, as fundamental analysis takes considerable time. Personally, I prefer to trade this asset using my indicator. On the 4-hour timeframe, the indicator yielded over 30% profit from 3 signals. When I have more time, I switch to the hourly timeframe, achieving about 50% profit within the same period due to more signals that detected movements earlier.
For instance, the first take profit from a recent short trade on the 4-hour timeframe has been hit. Hence, it’s better not to use this signal as an entry point right now.
While the daily timeframe can be used for long-term trading of this asset, it currently doesn’t indicate a buy. Therefore, I would refrain from going long until the indicator signals an entry point.