WING/BTC - Will it beat the trend

Updated
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 and the 20000 not too long ago :)

Recommend:
Buy: +/- 11000 (stop loss 10650)
Sell: +/- 12500 (13%)

If stop loss has been reached:
Buy +/- 9500 (stop loss 9050)
Sell +/- 10700 (14%)

*Binance is a growing exchange that is user friendly and does not require documentation if you trade less than 2BTCs. As it has just been launched it has reduced the trading fees to 0.5% if you have a small number of their coin ( BNB 0.00% -0.35% -0.35% ) in your wallet. Registration is recommended and using my referral link is highly appreciated: binance.com/?ref=11955863

*You are the decision maker in your trading, I cannot be held responsible for your losses

Comment
Looks like WING is beating the trend in the 1hr and 2hrs charts! Indicators looking bullish. Buy low sell high!
binanceBTCChart PatternsTrend AnalysisWave AnalysisWINGwingbtc

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