2 Possible continuation outcome of the recent rally. It looks like we have another leg up but we do need to correct at some point a bit lower. This will be temproraly to adjust daily rsi levels then we can safely continue. We can reach $40 then correct to $35 then attack towards $50 or we can reach $50 then correct $40-45 then attack $60 level. Timeline frame is only estimate it could differ! I will talk about the technical points tomorrow when I have more time. All will be possible If btc plays nice otherwise you know the drill(A bit more adrenaline rush of volatile situation) either way direction of long term target $100-$200 is clear.
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
I am also searching for another potential moon coin I will also publish another chart for that specifically.
Previous wing prediction completed 100% accuracy
** This is not an investment idea. Only trying to pass my vast trading experience on cryptos to newcomers and less experienced traders. My predictions based on calculated reward Risk ratios. I can not be right all the time. So far I have very high percentage of success of predicting. Once you click buy button you are doing it with your own will. Nobody can force you to buy and sell but yourself. Please comment below and click like button to support my efforts.
I am also searching for another potential moon coin I will also publish another chart for that specifically.
Previous wing prediction completed 100% accuracy
Comment:
We did start a day with a small red candle. Whole crypto market trying to correct! Technical support levels for the short term stands around $30 for ema10 and $27.7 for ema 20 on 4 hour chart. We left ema100 long time ago correcting below $25 will be waste of time and not necessary! When I drew this chart , I tried to start the arrows from $28 dollar range considering the ema 20 line is on $27.7 .Hard to be precise when trying to hand draw the chart. Ideally we should close the daily candle between $28-$31 and allow a bit of correction(Again this is not necessary because of small market cap but it is completely ok).In realty will be hard to close the daily candle below $30 mark due to increasing buying pressure. If we do not go below $25, this will be last call before $50 and send very strong message. This is exactly the same scenario as before. I said the same thing when we were above $15(last call before $30). Nothing to worry about unless btc crashes badly even then it would be temproraly at this point because our market cap is too small. If you entered at $30-$35 do not freak out and try to sell it cheap but it is 100% your decision at the end of the day(some traders hoping to open a position sub $30 levels at this point)! Nothing is for sure! Cryptos generally are volatile and not for the faint hearted individuals. without risk ,there is no good way to make this amount of $$$. We are risk takers in life and we get paid accordingly!
Comment:
another 100% accurate prediction!
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keep an eye on ema 100 line for Wing/Btc pair. If this attempt is successful ,this may trigger massive spike.
Comment:
Finally we are able to correct down to $30 level . Then bounced off from ema 10 level and close the daily candle above $31 level. This is great sign and very healthy growth. Daily Rsi is down to very strong 67 level. Lots of room on the upper side. We are almost ready to attack $50 zone safely. This action may allow traders to accumulate at this price range next day or may not. there is absolutely no reason to go below $30 as it is going to waste our time further. Longer time frame $100-$200 target is still intact and I personally feel like we are getting close day by day! MCAD(10,26,9) seems like between the lines still open(still very much in positive side) Top line did not cross the bottom , not even close. We did correct from $38 to $30 dollar range but the selling volume was really low. This means traders are not interested to sell at this low price. Shorter frames such as 4 hr chart is not very clear at the moment that is why I am going with much more reliable longer term investment strategy not day trader strategy.
Comment:
we are closing in to $50 target! Things gets exciting from this point! We are definitely ready to move! Indicators screaming already :)
Trade closed: target reached:
After a bit of detour we have reached $50 target while bTC correcting(This is huge sign)!However we could not close the daily chart above $50. Things looking really strong. We got few persistent bears trying to make few bucks. Eventually Wing will reach true potential soon! Once I get home, I will remake new WIng coin chart!!!