WBTCUSD - Bullish Opportunity Harmonic Pattern FormationWBTCUSD is currently forming a Harmonic Pattern (XABCD) on the 4-hour timeframe. This pattern, characterized by distinct price swings, is indicative of potential trend reversals or continuations. The completion of this pattern at Point D suggests a probable bullish momentum.
Trendline Confirmation:
Additionally, the price action is in alignment with a trendline, further reinforcing the bullish sentiment. The convergence of the Harmonic Pattern and the trendline adds strength to the potential upward movement.
Key Support Level at Point D:
Point D of the Harmonic Pattern coincides with a significant support level, increasing the probability of a bullish reversal from this point. This confluence of factors enhances the reliability of our analysis.
Trade Setup:
Entry: 64216
Stop Loss: 59513
Take Profit Targets:
TP-1: 68786
TP-2: 73522
Rationale:
The entry point aligns with the anticipated bullish momentum from Point D of the Harmonic Pattern and the key support level. The stop loss is strategically placed to limit potential losses in case of an unexpected market reversal.
Conclusion:
Considering the Harmonic Pattern formation, trendline confirmation, and support level dynamics, we anticipate a bullish movement in WBTCUSD with favorable risk-reward ratios. However, traders should monitor price action closely and adjust their positions accordingly to mitigate risks and capitalize on potential opportunities.
WBTCUSDT
WhiteBIT Token WBT price is in buy zone for long-term investmentYesterday, 4/5 of the planned monthly unlocks of WBT coins in the near future took place.
According to the whitepaper, the following unlocks are planned:
- 13.03.23
- 13.11.23
- 13.07.24
- 13.05.25
- 13.03.26
The WBTUSDT price is in the $3-4 buy zone , where we bought the main position for medium- and long-term investments.
We also left two more buy orders in case of volatile fluctuations in the cryptocurrency market. If they work, it will be a nice bonus for us in the long run.
To familiarize yourself with the project, you can read the tokenomics we described here:
By the way, the same idea shows how a few months ago, those who bought in the $3-4 zone were able to record x3-4 profits in a few weeks.
Now we don't expect such rapid growth, as there is still 1 more unlocking of coins ahead. But it's worth remembering that after March 13, there will be no more injections of new WhiteBIT tokens into the market until November 2023. The law of supply and demand has not yet been canceled)
Well, we have shared our thoughts, and then everyone thinks and makes decisions on their own ;)
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
WBT price accumulation and after can be again growthToday we will talk about the prospects of WBT token
We described in detail about the project, its tokenomics, and growth prospects 3 months ago, those who are interested, we invite you to review
At night unlocked 10,8mln coins. And maybe a large portion of coins bought on the presale at a price below $2 was sold. Naturally, when they began to fix x2 profit and sales began, the price shed.
On the other hand, the WBTUSDT price reached the liquidity zone, where 3 months ago it was "densely" bought before the start of sharp x3-x4 growth.
The next unlock of the same portion of coins is in a month on 13.01.2023.
Given the fact that today on 13.12 the US consumer price index will be updated, and tomorrow on 14.12 the Fed will announce a new US Federal Funds rate (forecast +0.5%), the market will be volatile.
You can safely place orders to buy with a grid in the range of $3.60-4.10 and take a medium or long-term position.
Prospects for growth WBT price in our opinion are not bad - it is $11 and 14 dollars in the context of several months.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
New listing WBT token TODAY + The Fed meeting (FOMC)WBT token of the largest European crypto exchange WhiteBit continues to master the crypto space and is listing on other crypto exchanges.
We wrote about what WBT is and why we like the clear tokenomic of the project in our previous idea
WhiteBit team continues "to invade" the crypto market and today will hold the 3rd listing of its own WBT token on another crypto exchange - MEXC
After two previous listings of WBTUSDT on other crypto exchanges, the price of WhiteBit token reacted with growth.
Confident consolidation of the price above $10.25 and possible continuation of growth to one of the levels of $17, $18, or even $21.
On the other hand, now the price of WBTUSDT is close to the critical level - $10.25
Below it, there is no liquidity on the chart, and therefore the price may fall to $6. Therefore, it is also a good trading strategy to put "buckets" there for a possible price fall.
Separately, we would like to highlight and remind you that in 9 hours there will be a Fed meeting - Federal Open Market Committee (FOMC)
- Most likely, the financial markets will perceive the rate increase by the projected +0.75% or less positively.
- If the rate rises by +1% or more than forecast - the financial markets will be absorbed by "the red color".
Today, be careful and cautious when making trading decisions.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
WhiteBit Token (WBT) will go insane!Hello, everyone!
Today it’s time to make an analysis on the exchange’s token. Tokens of reliable exchanges almost always good investment. Binance was the most dynamically developing exchange in the previous cycle, but BNB have already shown the huge growth. Today I found the most undervalued token – WBT. WhiteBit exchange is the emitter of the WBT token today is the most dynamically developing crypto exchange. It’s token have been already listed on several exchanges. For example, tomorrow it will be listed on MEXC it will provide an additional liquidity.
Of course fundamental factors are important, but our favorite Elliott waves is the main analysis tool. WBT have the very nice dynamic on the 1D timeframe. After first listing this asset showed the uptrend Elliott waves cycle. It is the very bullish sign in the long term.
When I am going to buy WBT? It is obviously that now WBT have just finished the 5 waves cycle. Of course waves 3 and 5 correspond to divergence on Awesome oscillator. I consciously have not added AO on the chart to make it simple, but you can trust me. In November I am waiting for the ABC correction, which will be the wave 2 of global bullish super cycle. This correction will be ended as I suppose at the Fibonacci golden pocket, approximately at the $8. After that I expect the most impulsive wave 3 which will bring us significant profit.
Today we have a lot of features of incoming correction – decreasing volume and the lack of demand Wyckoff pattern which have already lead to the local pump. Watch out my updates I will tell you when to buy WBT.
Best regards, Ivan
WhiteBit token WBT +250% in just 2 weeks - time to corrections?In our previous ideas, we told you why we like the new and promising WBT token, about tokennomic and other functionality, please read it again
For two weeks the WBTUSDT growth was +250%
And in general, since the start of trading, the WBT token price has increased by +550%
And this is at such a sluggish stage of the crypto market, agree - this is a great result.
Now we would like to see at least some price correction, and after it, we will take a long position in WBTUSDT again.
We really like the tokennomic embedded in the WhiteBit token project.
Now we have the following levels for long purchases:
1) $8,00-8,40
2) $6,00-6,30
3) the control order is an unlikely squeeze order for $5.
The next global target from above is around $21
If you want us to share our thoughts and positions on WBTUSD more often, write about it in the comments
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
WBTUSDT 4h Our Long-term trade, filling 3 out of 4 orders WBTToday we will show a clear example of how works long-term purchase with delayed limit orders or, as the people say, "buckets in a downpour"
A few days ago, we published the WBTUSDT chart and, accordingly, 4 levels for long-term token buying. As we like tokenomic of WBT and consider it promising. More details about this in our previous idea:
In a matter of hours after publication of our idea, the WTUSDT price soared twice.
Let's be honest, we didn't record 100% profit, because our take profit was $12.60, since we wrote the ideas.
But this is a long-term investment, and we did not expect such a quick growth)
Then there was the fall of the entire crypto market, and of course the WBT price was not an exception and fell as well.
But we were a little lucky on the fall.
Delayed limit orders - "buckets" were filled on the strait.
Now we have an average purchase price of $3.50 per WBT and it is still twice as expensive as the start of trading, for which we were late)
But this is our deliberate long-term investment with a part of the trading deposit allocated for it. And we will not fix profit faster than x4, and maybe even higher, let's see what the cryptocurrency market will be like.
But two hours ago they published a tweet about the listing WBT at Huobi on 09/22
This is only the first listing WBT on crypto-platform other than "the parent", but the price WBTUSDT has already been well bump up per 2 hours.
Summarizing:
We still have a limit buy order at $2.5, and we are placing another one at $2.25. But this is if we are lucky with a bonus to the main position at an average price of $3.50)
Our minimum long-term investment target is $12.60 per WBT, and the maximum is not yet known)
You decide whether to buy WBT or not, because these are your assets.
We are just sharing the method and our experience of buying "buckets" that have been working on the cryptocurrency market for years
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
WBTUSDT 🔥Buy levels for promising WBT token with the goal x3-x4Today, we want to introduce to you a new trading token WBT - token of the largest European crypto exchange - WhiteBIT
On August 14, a presale of 1 million tokens was held, which were sold out in 15 minutes. A great result.
On August 25, token trading started at $1.90,
WBT token price $4.18 at the time of writing the idea (+125% from starts)
Currently, in circulation - 63 mln. coins
Basic conditions of tokenomic :
- maximum issue - 400 mln. (of which 200 million will be unlocking within 3 years)
- weekly token burning according to an open formula. The exchange will redeem a weekly amount of tokens equal to the sum of 33% of WhiteBIT's trading fees and 5% of other uses of the exchange. For example, 30.08.22 burned 973841 WBT, September 6 and 12, 1.5 million coins were burned twice, the next burning is on 20.09.22.
- reduction of trading commission and high 40-50% for staking to WBT holders
- own blockchain, launchpad, listings...
In short, a complete full package, which is cleverly packaged and implementing
It is necessary to understand that the coin is young, liquidity may not be enough, but this fact makes it possible to make very tasty investment purchases.
We placed equal orders to buy WBTUSDT on a grid: $4, $3.50, $3, $2.50
As a result, we will have "a tasty average price" for the overall WBT position.
Our global target for medium-, long term trade = $12.6 per WBT
In our opinion, there are many similarities "in packaging and promotion" with the most popular exchange token BNB at this moment.
We are not implying anything, but the BNB once cost $0.50 and at the maximum it was $691
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
WBTUSDT 4h New cryptocurrency token, buy it earlyToday, we want to introduce to you a new trading token WBT - token of the largest European crypto exchange - WhiteBIT
On August 14, a presale of 1 million tokens was held, which were sold out in 15 minutes. A great result.
On August 25, token trading started at $1.90, and then the excitement and confidence in the WhiteBIT crypto exchange drove the value of the WBTUSDT token to $6.34 at the time of writing the idea.
Currently, in circulation - 66 mln. coins
Yesterday there was a price squeeze to the liquidity zone of $5.40, which was sharply bought back. That is, currently, an aggressive buyer is ready to buying WBT and not let the price go lower.
Our expectation for the coming days is to reach the $8.35 mark for the WBTUSDT price.
Basic conditions of tokenomic:
- maximum issue - 400 mln. (of which 200 million will be unlocking within 3 years)
- weekly token burning according to an open formula. The exchange will redeem a weekly amount of tokens equal to the sum of 33% of WhiteBIT's trading fees and 5% of other uses of the exchange. For example, 30.08.22 burned 973841 WBT, the next burning is on 06.09.22.
- reduction of trading commission and high 40-50% for staking to WBT holders
- own blockchain, launchpad, listings...
In short, a complete full package, which is cleverly packaged and implementing
I n our opinion, there are many similarities "in packaging and promotion" with the most popular exchange token BNB.
We are not implying anything, but the BNB once cost $0.50 and at the maximum it was $691
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
WBTCUSDT-4hr's / Ready To Fly Up - Dont miss this Pump 20 %🆔 Hello, my followers
---------
WBTCUSDT is now as shown in the graphic
Trend : long / Bullish
Safety : Medium
Period to hit : 4 Day's : 1.5 week
Short Term Target : 10 %
mid Term Target : 20 %
Max Risk : 5 : 10 %
Now Price : 63000
Target 1 : 69000
Target 2 : 74500
Market : Spot Trading
💟Best of luck