WINGUSDT 1WWING ~ 1W
#WING So far this support block continues to keep the price from dropping any lower. If you have Conviction on this coin,. This support block would be a very good buying place for now,. with a minimum target of 20%++
Wingtrades
Wing/Usdt Falling WedgeWing/Usdt trying to break a Falling Wedge, Entry will be after clear breaking so retest area will be the entry // this is not a financial advice
Good Luck
Suitable for shoppingThe black trend is quite strong to prevent falling and the method can be calculated, in addition to MA50 support and the blue line are among the good supports that are the opportunity to buy in these two steps. The resistance is a red line and it cannot start a strong climb until it is broken
The 20Apr timeline can be the start of the climb
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Wing Trade in Bitcoin CashBitcoin Cash recently breakout an important downtrend line which came from 2018 but it still need to cross the resistance of 0,0326. Base on this, we are bullish on BCH.
Unfortunately we did not get the opportunity to buy at the crossing moment, however if the price goes up to 0,0326 and after a pullback to this support level, there will be an excellent moment to put BCH in our wallet.
Best regards, Sandro and Gustavo.
$USO Inverse Head and ShouldersSuper bullish on USO with this inverse head and shoulders in the works.
SPY: more downside to comeAs we have previously discussed, we have entered a bear market and must trade smart as the market shows it's true colors and prices fluctuate with volatility.
Displayed in this comparison are two extremely similar conditions from 2002 and present day SPY movement.
It's easy to see that movement from the left chart appears to be more stable than it is before coming down a significant amount more. One of my main concerns with how similar these movements are to todays, is the additional range of motion and strength in which these pullback are occurring. While we anticipated a test around SPY 213 inside the first month of 2019 these charts above suggest a larger move possible.
For those staying up with my comments on SPY, I am concerned and anticipate parabolic movement has a higher probability sooner than expected. The issue with going parabolic is it can exasperate the downtrend forcing it lower and making it less about consolidation and showing true value, and more about panic and selloff.
SBUX: mid term bear market preparationThis stable movement should continue. Their sheer size should be able to sustain but I doubt growth will be possible, as the consumer will do less during times of tighter budgeting (again assuming 8 - 14 months of overall bearish movement) .
Stable above 42.07 as the lowest point I expect should / could test inside the next 10 months, below this point would be very bad for the chart and could stunt it's 5 - 10 year development without a catalyst.
I am more confident with this above 57.6
HYRE; in play for the swingHYRE channel 2.58 - 4.34 in play above 2.79
- Ranged resistance should start acting as support now above 2.58 - 2.79 range
- With a close above this 2.79 we should see bullish continuation towards top of channel at 4.34
- We have a stronger mid range resistance at 3.72 that will need to be observed as it attempts to cross
Sysco Earning Miss: NOT A FLASH SALESYY was moving bearish before the miss but this is not looking good for them at all. This is not a dip buy opportunity but rather the opposite. This is an opportunity for puts as they pullback towards their 55.81 and then 47.2 supports. The market conditions should compound this problem as it pulls the index down, the panic from the miss and poor chart movement leading into additional selling and further failures of support. This is one of many reasons why 55.81 support is already toast and it doesn't even know it yet.
