Dao
Wings - Upcoming Wave Up?Following the previous idea on Wings , it has reached the upside target at $2.3, although there was no clean bounce and price spiked higher, testing $2.66 mark. The resistance at $2.3 is strong but in order for Wings to reverse, it should provide a clean bounce of that resistance first.
The support at 161.8% Fibonacci retracement, that is $1.42, is being rejected and if it holds we are likely to see the next wave up very soon. The first target is obviously $2.3, but if broken next target would be at $3.4, that is inline with two Fibonacci retracement levels. In the worst case scenario, at this point. price could return back to the 200 Moving Average or even back to the downtrend trendline, but in any case, the uptrend is likely to resume at some point, going to the new all-time high.
WINGS DAO – Binance Strong Altcoin (805%+ Profits Potential) "WINGS DAO is an Ethereum based platform for the easy creation and funding of Decentralized Autonomous Organizations (DAO).
"WINGS’ mission is to enable easy promotion and price discovery of ICOs using social referral marketing and swarm artificial intelligence (AI) incentivized by forecast markets (prediction markets)."
We will see about that… Let’s look at the charts, I believe they can tell us something.
WINGS Technical Analysis and Trade instructions
*** Indicators
- I started this analysis by looking at the 1Day chart, to see what I was looking at. The first thing that the chart tells me is that this is a strong coin, there isn’t much pump and dump, and the chart formation looks very solid. I am looking at a period of 7+ months on the 1 day chart.
- So the MACD is throwing signals of positive divergence, after that the coin bottomed out around the 30000 satoshis level. After more than a week at the bottom, it took off and since has been on an uptrend. I believe there is plenty of room for more growth. This coin is solid and it can shoot up strong according to these signals.
- The weekly chart is more interesting, there is plenty of room for growth for all the indicators and at the same time they are bullish. It might not even take three weeks before this coin starts a strong bull run. We open our positions now, and wait to see how this trade develops. Our signals tells us that it wants to develop positive.
*** Instructions
Buy-in: 0.00009550 – 0.00012500
Targets:
(1) 0.000165
(2) 0.000201
(3) 0.000272
(4) 0.000387
(5) 0.000562 (New all time high)
Stop-loss: 0.00006668
*** My message to you: I am forgiven
Today I learned another lesson, it was an interesting day.
What about you, from life, is there anything to learn today?
We have experiences all the time, where we can put our blame or leave our trust.
But these same situations will teach, that it can also be solved with love.
It doesn’t really matter what happens, if you stand up you can always keep up.
Doesn’t matter what life throws at you, you have the strength to keep moving on.
So whenever there is a problem, that you have to face yourself.
Make sure to stand in front of it, and tell it “I am ready, you are about to see my true self”.
The next second you see how your problems disappear and all you can see is another lesson, another lesson that you feel grateful for having been able to overcome.
Namaste.
Mantra: “Om Stanesha Vahtu Nevehem”