💎Technical Analysis Summary💎 BINANCE: WINGBTC -WING is forming a bearish descending triangle pattern -It is still unconfirmed and the Bulls are now showing any sign of strength -If you are looking to trade this market -Wait for the breakout direction of the pattern -Because it is not good to be caught up in the wrong direction -So please always plan your next...
💎Technical Analysis Summary💎 BINANCE: WINGBTC -During the deep pullback, WING found support at the 1600s sat area -But immediately faces new resistance at the 2500s sat -We can see multiple Bearish candles of potential rejections -If the current price is unstable to hold for the next 24-48 hours -It will likely to retest previous support -Please plan your...
Let me start by saying that this is a pretty young chart, the less time the chart has, the less data/info, the less accurate is the analysis. With that said... Let's have a look at WINGBTC (WINKG) . We have a strong bounce on the 30-Sept. which pushed prices above EMA50 on this timeframe, 4H. A retraced followed that ended up in a higher low... We are...
A falling wedge has formed. Plus hidden divergence according to the RSI indicator. Put a stop loss and sell at resistance levels.
A possible bullish move for the WING cryptocurrency.
BINANCE: WINGBTC -We can confirm a trendline resistance below 7k sat range -The price rejected multiple time and moving back to previous support -WING has local support at 5100 sat area which acted supported last Sep 17 -If we are Bullish, we need to see WING break above this channel -If you are looking for position entry of a Swing trade idea -Buying at...
WINGS/BTC has been very interesting since it was launched on Binance. After reaching 3-months high at 16000 it has gone into retracement, currently holding on the Fib38 around 11000. It has been a strong support for over two weeks and it must be possible to reach the 12500 if the bulls keep supporting at this level. We must not forget that WINGS has seen the 40000...