winusdtAnother chart I like… my short-term and long-term goals are on the chart.
please increase my motivation with likes or comments.. let me share my trades.
you should use stop for possible bad going
Wincoin
Possible Storm Before SunshineIdea 1:
Lately, Win has had no Pumps while most other Alts have. The price relatively the same since BTC at 54k. Now BTC at 58k+ (as mentioned no real change to Win).
Win has resistance at 0.00140 bringing the price back to the 0.00135 area - prior there was resistance at 0.00150 bringing the price down also.
BTC predicted to go back to the 50k area after reaching new potential ATH or around the 60k area (whichever happens first).
If and When BTC goes down WIN will go down (Most Alts will).
A Descending Triangle and Uptrend Wedge have formed -->> Both are indicative of a Bearish reversal, so any uptrend so far can say it short term or candle bursts.
If price reverse can see it go to 0.00100 regions before a bounce-back up -->> Watch out for the 0.00128 to 0.00131 regions
Since WIN is attractive to buyers, we can expect a Bounce back up to the 0.00150 to 0.00160+ region if a downturn break occurs.
Idea 2
Win continuation straight to the 0.00150 or 0.00160 regions in the short term with a possible pump to 0.0018 regions before a pull back once BTC comes back down to the 0.0012 regions before uptrend continues to the 0.0033 regions
Timeline:
First to the Second week of May once the future contracts for BTC start their way to expiry again. Or once BTC has reached 60k area or near its new ATH if indeed it does manage to break the 65k area again.
Win according to Fibonacci can reach around 0.01 regions this year, but most likely to be around the 0.004 to 0.005 regions.
Just an observation not financial advice, for educational brainstorming only.
Upwards and Onwards?It seems that WinkLink (Win) is protected by some kind of positive force as the 4 hours EMAs were crossing downwards for a disaster last night, it suddenly had a spell of positive boost towards the upwards as TRX was boosted by BTC affecting Win as a result. Seems the Dump idea was invalided that can be seen here (tradingview(dot)com/chart/WINUSDT/lfkojFcE-Possible-Storm-Before-Sunshine)
If the current price remains above the 4 hours EMAs and there is no fall, then it seems we are in an Ascending Triangle and no longer an upward Wedge (which is usually a sign of a bearish reversal). Of course, if the theory is broken we will go back to perhaps levels as low as 0.001 or even 0.009 area - all will be told I think around the next few days and or next week. Also once BTC has a downturn as Contracts Expiry Near, Win will be affected again also.
Just idea not advice - trade safely!
