WPR gives us a clear breakout, at the previous support giving us a new resistance level. The entry price will be a new high.
The first take profit is at the 2nd resistance level, and this will inturn gives us a new support to take the 2nd profit.
Take Profit 1: $0.80
Take Profit 2: $0.92
Stop Loss: $0.58
⚠️This is not an investment advice, this is an analysis made to allow a potential preview of the market evolution according to the indicators.⚠️
According to me and my analysis, we will start to follow a bullish trend in a few days. Also, I think, in my personal opinion, that WPR is a currency that can have a nice, long run.
⚠️Do not hesitate to make your own...
What I see here is the following.
1. Weekly MACD Crossover to Bullish +
2. The satoshi All time low was defended with huge volume, Bullish +
3. Accumulation started 17 August 2020, Bullish +
I can see this one making a big run and it looks promising,
This is not financial advice,
Be the master of your own money.
This is to complement my USD pair chart (see: related idea)
Binance lowcap (Mcap > 14 M)
Classic Wyckoff accumulation exit. By the looks of it we're in final days of "Spring"
ascending triangle breakout and retest was successful, so I would speculate we spend a few more days in this range and bulls will try to claim 60 sat level as new support.