WIN/USDT - Triangle is about to ENDOn the daily chart , we see that the ascending triangle is almost complete and the market needs to decide where to move.
At the beginning of the triangle, we see that a double top has formed, and only now the price has tested this resistance level.
There are two scenarios for the development of price action:
First , the price will break up and continue to rise.
Secondly , the price will not be able to find support on the bullish trend line, break it down and continue the downward movement until a stronger support zone is reached.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE . This is just my point of view on the current situation.
Winusd
WIN/USDT - Bearish Breakout completedHello traders and community, today we will tell ourselves shortly about the situation of WIN/USDT
Trend analysis
- As you can see from the WIN/USDT daily chart, the price of Wink made bearish breakout and dropped lower than global trend, that's why we can expect bearish trend in the following days. As a trader I recommend to wait for correct signal when you put short trade position and follow my possible scenario with price drop approximately to 0.00019039 price level. Today's resistance level is near 0.00023872, support level on 0.00019039 and global trend is changing from bullish to bearish. More information will be provided later on my page.
Chart pattern
- Bearish breakout (approved)
Technical indicators
- RSI: market is still in boarders and is located near 50 level (not overheated, Neutral signal)
- MACD: MAs are prepared for downward movement + they started moving away from each other and overall trend is going down (Bearish signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is above the level of MA20 and moving upward (Bull signal)
= Overall neutral signal movement
Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention!
Tell us about your opinion for making better decisions :)
P.S.: Information provided is only educational and should not be used to take action in the market.
WIN/USDT - Bullish breakout confirmedHello traders and community, today I will tell you shortly about situation of WIN/USDT
Trend analysis
- As you can see from the WIN/USDT daily chart, the price of WINK finished bullish breakout pattern and started correction after it, therefore we need to be prepared for bullish movement (cause range trend ended). Possible scenario you can see on the chart, I recommend to make tade positions only up to 0.00026 price level and leave the market for more trustworthy signals. Global trend of this pair stays bullish in long term, currenct resistance level is on 0.00026198 price level and support zone on 0.00019388 price level. Wink has great potential for long term investors and traders, cause of positive news and potential of this cryptocurrency as a whole.
Chart pattern
- Range pattern (accomplished)
- Bullish breakout (finished)
Technical indicators
- RSI: market is still in boarders and is located near 60 level (not overheated, Bull signal)
- MACD: MAs are prepared for upward movement + they get closer to each other (Bull signal)
- BB: Volatility of the market started stabilizing after volatile movement accomplished (Neutral signal)
- MA (10,20): MA10 is going upward to the level of MA20 (Bull signal)
= Overall bull signal movement
Dear friends, please push the like button, write comments below, follow me for more technical analysis and share this post with other traders - that would be the best support, Thank you for your attention!
Tell us about your opinion for making better decisions in trading :)
P.S.: Information provided is only educational and should not be used to take action in the market.
Support and Resistance Trade Set-Up on WIN/USDTHey all, here’s another entry on my tradingview series called 'Quick Updates'.
In the chart you can find a nice and clean trade set-up based on support and resistance
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out:
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
WIN/USDT TA Update (break bullish?)WIN/USDT
WIN is starting to show some strength during the Bitcoin uptrend movement today.
If WIN can sustain this current level in the coming 24-48 hours, there is a high chance of breaking this trend-line resistance.
The RSI is now trading above 50 levels and it just had a bullish cross of 20EMA & 50MA on the 4H time-frame.
All this new factor adds to the potential incoming short-term market shift.
As long as BTC will remain bullish in the 1H period. Some Alts will get the chance to run faster better than Bitcoin.
Bearish side, a break below 640 will negate all this bullish attempt.
WINUSDT formed bullish Shark | Upto 17% bullish move expectedPriceline of Wink / US Dollar cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0000923 to 0.0000889
Sell between: 0.0000963 to 0.0001042
Regards,
Atif Akbar (moon333)
WINUSDT formed bullish BAT | A good long opportunityPriceline of Wink / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0000980 to 0.0000967
Sell between: 0.0001012 to 0.0001059
Regards,
Atif Akbar (moon333)
WINKUSDT formed bullish BAT | A good long opportunityPriceline of Wink / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001723 to 0.0001717
Sel between: 0.0001738 to 0.0001761
Regards,
Atif Akbar (moon333)
WINUSDT formed bullish Gartley Upto 49% profit expectedPriceline of Wink / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0001642 to 0.0001447
Sell between: 0.0001796 to 0.0002165
Regards,
Atif Akbar (moon333)