WINGS Completes Its Retrace & Prepares 4 Profits (50%+ PP)
Updated
WINGS (WINGSBTC) Had a strong wave up two weeks ago. We surely caught this wave and enjoyed massive profits.
After a move up, follows a move down. So a retrace comes after the impulse.
On the chart above you can see that WINGSBTC already hit the 0.786 Fib. retracement support and is now trading above several EMA lines.
MA200 (Black) worked as main support and price bounced after hitting this line.
Some volume and momentum is lacking, which is normal for a Sunday, but early signals are pointing to an upcoming strong move.
Conditions for change: If WINGSBTC is to remain above MA200, you can expect bullish action in the near future.
If it breaks below, you can expect WINGSBTC to test the next support (below MA200).
Our trades are long term since we play "Patience is Key". So you won't be surprised to find that our WINGSBTC trade has been open since late 2018.
Here, meditation can help you see:![[WINGSBTC] FULL - Wings DAO Money Trade [380% – 1100% PP]](https://s3.tradingview.com/5/5shCvfLh_mid.png)
Thanks for hitting LIKE, see you soon my dear Kings & Queens!
Namaste.
After a move up, follows a move down. So a retrace comes after the impulse.
On the chart above you can see that WINGSBTC already hit the 0.786 Fib. retracement support and is now trading above several EMA lines.
MA200 (Black) worked as main support and price bounced after hitting this line.
Some volume and momentum is lacking, which is normal for a Sunday, but early signals are pointing to an upcoming strong move.
Conditions for change: If WINGSBTC is to remain above MA200, you can expect bullish action in the near future.
If it breaks below, you can expect WINGSBTC to test the next support (below MA200).
Our trades are long term since we play "Patience is Key". So you won't be surprised to find that our WINGSBTC trade has been open since late 2018.
Here, meditation can help you see:
Thanks for hitting LIKE, see you soon my dear Kings & Queens!
Namaste.
Note
I see WINGSBTC moving as planned. It is likely that today it will close above EMA10, which gives it bullish potential.Here is the daily chart:
Trade closed manually
This will be delisted from Binance. Closed.
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