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WPRBTCWPRBTC - Looking for new entry. It needs to bounce off the 61.8 & support so dropping down to 4 hour to look for some bullish confirmation. Note: I'm not a pattern trader so I would not wait for the break out of the flag even though that's what you're supposed to do. I draw patterns to see what pattern traders would be thinking but I don't personally trade off them. Trendline/sup-res/fibs is my sweet spot so I'm looking at this because we may get a bounce off FIBS and support at the same time as well as the internal TL. Targets on chart.
WLong
by TradeTravelChill
WPR BTC is On a Decisive Point A Bit Risky SetupBefore we go into it I want to clearly state that this setup is kind of more risky as compared to my previous calls. BINANCE:WPRBTC has been doing in past few days though we consolidated below the resistance with declining volume and holding good on EMA-200 in 4h-tf. i have not yet checked 1-d and weekly TF and BTC is also not so much supportive that is why i am calling it more riskier. I will buy once we see a close above Ema-200 in 4h-tf 50% of my entry and 50% at 85 sats to lower my risk. Plz use stop loss Assume green lines as supports and red lines as targets we may even touch 115 but at the moment i am not that much optimistic i never want to urge people to risk their money . Happy trading stay home may you all be safe form CoronaVirus.
WLong
by CognitoBTC
Something Happening Here! $WPR Really Catches My Attention! Why?WePower or WPR is the example of chart that showing you BOW (Buy On Weakness) strategy is really work when you catch the bottom of it and buy the confirmation to be match your R:R ratio. WPR has 745,248,183 on total supply and 481,117,825 on circulating supply. This token is quite new, Born as a rekt one? Why I said so, because it is "born" on coinmarketcap.com on February. The month of world-rektness of crypto new traders. All the way down since then, even a bounce happened on April. Nothing really special and nothing really suspicious. Just another token on the market with quite oversold price days ago. I'm trying to be more on point on the chart rather than on the description, so here it is, my second trial with a lot of words on the chart published. If all of these ideas I posted helps you, give them thumbs up, shares, comments and follow me. If you have a suggestion, just fill in the comment sections or message me. Looking forward to hear from you all. Thanks a lot!
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by blockchaindedi