WPR is looking good Technically and Fundamentally.
We are sitting on strong support, almost on the floor! WPR has nearly done complete retracement from the last big price action.
After a couple of fake outs, the daily downtrend is about to test this current support. We are going to have to make a decision!
sell volume dying and MACD looks to be...
I am looking at WePower (WPRBTC) on Binance for its long term bullish potential and it is looking good.
WePower has generated good profits for us in the past, and our long term trade is still active. Here I will be sharing a new updated version with full analysis, buy-in, targets and more.
Feel free to hit like to show your support... Let's get started!
Trade Duration: Medium
Signal Strength: High
WePower enables renewable energy producers to raise capital by issuing their own energy tokens. These tokens represent energy they commit to produce and deliver. Energy tokenization standardizes simplifies and opens globally currently existing energy...
Update on $WPR... Testing upper trendline of the descending channel...
UCTS buy signal on the 1D (10%+)
Volume increasing in the last 2 days
MACD & RSI flat for now
EMA100 rejected many many times in the last months.. breaking above it could trigger a movement
WPR had a nice impuls move and broke out of that green OB, Right now I'm waiting for a test of EQ of that order block, which is at 276 SAT. This is also in line with my retracement level.
Have set a couple targets, but eventually I'm aiming for 555 SAT and above, but taking profits along the way, is always a good idea.
Will probably take some time for this setup...
Commodity : WE-POWER
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-4 weeks
Investment in trade : 5% of the total Trading Balance.
Wpr double bottom started nice uptrend volume oncreasing expecting nice run on it also coming up with big news WePower (WPR)
31 March 2019
Platform Beta & Auctions
Platform public beta launch in Australia and first green energy auctions on platform in Q1 2019.
30 June 2019 (or earlier)
Pool Distribution Launch
Donation pool distribution launches in Q2 2019.
WPR bottomed some days ago and a double is spotted which is expected to be the breakout point. Check chart above for direction. Buy in the range of 250 - 280sat. Target indicated in the chart. WPR to the moonBITFINEX:WPRBTC