WPR/BTC (Holding Above Key Support)💎Technical Analysis Summary💎
BINANCE: WPRBTC
-WePower has tested the key support area and saw a good bounce up
-Currently, BTC is pulling down and most Altcoins are following
-If WPR pulls back to retest key support and form a Double bottom
-That would be a strong indication of buying presents of the Bulls
-For now, let's observe the market wait for BTC to cool off
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Not Financial Advice
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WPRETH
WPR/BTC (Test key Resistance?)WPR/BTC
-WePower started moving again after a 14% price increased today
-The 200D MA is now catching up with the price action
-I recommend buying if WRP can close above 105 sats or pullback
-Entering a current market price is aggressive involve higher risk
-But the rewards will be huge, stop loss can be placed under 85 sats
-If trading breakouts is not your ideal setup, please don't do it
-This is only for experienced traders who can manage their emotions
-And use proper risk management
WPRBTC ascending broadening wedgeBroadening wedges are patterns that follow two up-sloping trendlines that broaden out. Breakout is upward. Leads to short term bullish continuation.
WPRBuy Price: Yellow Line
TP: Green Lines
Invest Suggestion: 5-10 Percent
Profit Expectations: 5, 10 or >20 Percent
Just hold and watch. All targets will be reached within 24 to 72 hours as my prediction. But it's recommended to hold it for 6-7 days if any target not reached. Sell when you got some profit. I am sure, you will be get nice profit. Good Luck!
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