This is a fundamentals trade supported by simple TA.
The charts speak for themselves. Something BIG is about to happen to WePower. It has flatlined almost to the point of standstill. Which way will it go? Up or down? Whatever it does it will move HARD and FAST.
So with the MACD, RSI, and Stoch RSI all absolutely dead-center, we need to look at the fundamentals to see what will happen next.
WePower is an incredibly strong project. They continue to post updates to their blockchain green energy funding and trading platform. They have just published a brand new website, and in just one day from now will release their platform preview in Melbourne, Australia.
In May they plan to connect their platform to a European energy infrastructure.
The WePower team is accomplishing things fast. I am expecting big things from this project, and big results from trading the token.
So lets look at the trade!
Buy zone: 0.00022 - 0.00025 ETH
--- Targets ---
Short:
0.00031
0.00037
0.00040
Medium:
0.00044
0.00049
0.00053
Long:
0.00060
0.00072
0.00081
When WPR pulls back each time to its level below, I will be re-filling and re-loading for the next burst up.
WePower has massive potential to be a strong case for blockchain technology applications in the real world with their platofrm for funding new green energy power plants and tokenised energy contracts.
Buy low and HODL!!
=== DISCLAIMER ===
I am not a financial advisor and you assume all risk and responsibility for your actions. I will not be held accountable for any losses you may incur.
Good luck!!
The charts speak for themselves. Something BIG is about to happen to WePower. It has flatlined almost to the point of standstill. Which way will it go? Up or down? Whatever it does it will move HARD and FAST.
So with the MACD, RSI, and Stoch RSI all absolutely dead-center, we need to look at the fundamentals to see what will happen next.
WePower is an incredibly strong project. They continue to post updates to their blockchain green energy funding and trading platform. They have just published a brand new website, and in just one day from now will release their platform preview in Melbourne, Australia.
In May they plan to connect their platform to a European energy infrastructure.
The WePower team is accomplishing things fast. I am expecting big things from this project, and big results from trading the token.
So lets look at the trade!
Buy zone: 0.00022 - 0.00025 ETH
--- Targets ---
Short:
0.00031
0.00037
0.00040
Medium:
0.00044
0.00049
0.00053
Long:
0.00060
0.00072
0.00081
When WPR pulls back each time to its level below, I will be re-filling and re-loading for the next burst up.
WePower has massive potential to be a strong case for blockchain technology applications in the real world with their platofrm for funding new green energy power plants and tokenised energy contracts.
Buy low and HODL!!
=== DISCLAIMER ===
I am not a financial advisor and you assume all risk and responsibility for your actions. I will not be held accountable for any losses you may incur.
Good luck!!
Comment:
Still inside the triangle.
If WPR holds true to the triangle formation, it will bounce up off 0.00028 in about 8 hours from now, and rocket up from there in about 24 hours' time.
If it keeps downward momentum through the 0.00028 line we may see it drop like a stone. But with the platform preview being launched tomorrow to great fanfare, I'll be very surprised if it drops.
Our stop-loss is a safety measure that we probably won't have to use, but should still have there just in case.
If WPR holds true to the triangle formation, it will bounce up off 0.00028 in about 8 hours from now, and rocket up from there in about 24 hours' time.
If it keeps downward momentum through the 0.00028 line we may see it drop like a stone. But with the platform preview being launched tomorrow to great fanfare, I'll be very surprised if it drops.
Our stop-loss is a safety measure that we probably won't have to use, but should still have there just in case.
Comment:
Still waiting for takeoff... and going sideways.
Platform preview in Melbourne is in 8 hours from now. Watch those candles.
Still waiting for takeoff... and going sideways.
Platform preview in Melbourne is in 8 hours from now. Watch those candles.
Comment:
Possible breakout on the four-hour chart!
We will need to close above 0.00023800 at least twice to confirm this breakout. The first short-term target is still 0.00031000. Stop-loss is still active.
Stay tuned!
Possible breakout on the four-hour chart!
We will need to close above 0.00023800 at least twice to confirm this breakout. The first short-term target is still 0.00031000. Stop-loss is still active.
Stay tuned!
Comment:
Stop-loss activated, trade closed.
Bitcoin is pumping.
Bitcoin is pumping.
If we go down, we go WAAAAY down.