WPR has strated a impulsive wave sequence
Wave 1 made a swing high of 1221 sats
Currently we are in the Wave 2 and we are seeing RSI Divergence in 1H
20DMA & 23.6fib level support for WPR are at 1162sats
There is strong resistance level in 1D t-f:1162 sats, which needs to be broken with confirmation for Wave 3 Target to be valid around 1400 sats
In 4H t-f price has crossed above the cloud, TS & KS
also there is bullish TS-KS crossover indicating momentum is good.
Support is present at 100SMA: 1144 sats
Resistance at 200SMA: 1326 sats
In 1D t-f price has crossed the TS and looking to target KS at 1300sats
Once price breaks above both KS and TS it will give bullish signal and #wpr will look to Target Wave 3 & 5 around the cloud resistance region.
Two possible counts for Wave 2
Wave 2:1100-1110 around the 38.2fib retrace
or
Wave 2:1050-1060 around the 61.8fib retrace and 50,100&200 1H SMA's
Wave 3 Target: 1400-1420 sats around the 50fib & 50DMA resistance levels
Wave 3 taking as 1.27fib ext of wave 1
Wave 5 Target: 1500-1520 sats around the 61.8fib resistance level
Wave 1 made a swing high of 1221 sats
Currently we are in the Wave 2 and we are seeing RSI Divergence in 1H
20DMA & 23.6fib level support for WPR are at 1162sats
There is strong resistance level in 1D t-f:1162 sats, which needs to be broken with confirmation for Wave 3 Target to be valid around 1400 sats
In 4H t-f price has crossed above the cloud, TS & KS
also there is bullish TS-KS crossover indicating momentum is good.
Support is present at 100SMA: 1144 sats
Resistance at 200SMA: 1326 sats
In 1D t-f price has crossed the TS and looking to target KS at 1300sats
Once price breaks above both KS and TS it will give bullish signal and #wpr will look to Target Wave 3 & 5 around the cloud resistance region.
Two possible counts for Wave 2
Wave 2:1100-1110 around the 38.2fib retrace
or
Wave 2:1050-1060 around the 61.8fib retrace and 50,100&200 1H SMA's
Wave 3 Target: 1400-1420 sats around the 50fib & 50DMA resistance levels
Wave 3 taking as 1.27fib ext of wave 1
Wave 5 Target: 1500-1520 sats around the 61.8fib resistance level