WILD Is at Major Support Area, I think it can bounce from there to reach the levels mentioned in the chart.
Wild is available on Kucoin exchange, Entry price : 1.2~1.35$
STOPLOSS: 1 Day Close Below 1.10$
Tp1: 1.70$
Tp2: 1.88$
Tp3: 2.20$
NEVER USE MORE THAN 5% OF YOUR PORTFOLIO ON ANY TRADE.
Stoploss is always here to protect you, so don't Ignore it..
If WILD closes daily above $2.88 we can expect to see targets shown in the chart with blue.
If you have other TAs please send them in the comment section.
according to an Elliot wave ;
- WILD could have a leg up to the first target area (blue arrow) which is between the 0.5 & 0.618 fib levels of the Elliot wave A length
- or WILD could retrace (orange arrow) to the black line which is the 1.618 fib level of the wave A and then bounce up
- the second target box is the top of the ichimoku cloud and because there has...
- falling wedge
- moving to a bullish RSI
- gap getting bigger between the conversion line and the base line
- last time the gap was getting bigger there was a 2.5% retracement
- that would take us to around $2.51
- head and shoulders
- large gap between the conversion line and base line
- target is bottom or in the ichimoku cloud, if we go lower there is a strong support on the fib
- double top
- large gap in between the conversion line and base line
- target for the leg down is anywhere in the ichimoku cloud
- high RSI level
- MA and RSI cross
Full chart view:
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Wild could touch a strong reversal area and seems appropriate...
*Buying in the current situation carries a lot of risk. Please take capital management seriously.
-Good day-
- large gap between the conversion line and base line
- not a huge mount of volume
- bearish RSI
- double bottom could have a small leg up
- the fib level the price is around right now has been holding strong
Multiple bearish signs but a falling wedge?
- bearish TK cross
- large gap between the conversion line and base line
- fallind wedge formed, kind of confusing as there are multiple bearish indicators
- if WILD does breakout the target is $2.55 as that is the top of the ichimoku cloud
all kind of depends what BTC decides to do
hopefully wild will drop to $3.1 where i have a buy order, and then i believe it'll pump as there is a bullish TK cross, it could only pump a few cents or there could be a rather large pump. i believe we will definitely break the recent downtrend and maybe test the next resistance level.
let me know what you think about wilder world on a technical basis
