WINUSDT trade ideas
Wink uptrend2 bullish flags, hidden bullish divergence, making HL retest last high in btc dump, confirmed uptrend. Watch for the breakout and put the flag pole for exit point.
WIN/USDT Long position / breakoutForming a symmetrical triangle on WIN/USDT.
Although this is nor a bearish, or bullish pattern, it is considered a neutral formation.
We have a lot of good fundamentals coming out soon about Wink so I'm hoping for a breakout of the current formations we're in.
As I'm typing this its already starting to make some nice moves so hopefully it keeps on going.
We've had an increase in volumes along with some higher highs and higher lows.
We just ahve to hope that the breakout is to the upside and its as explosive as it looks like its going to be.
Trade safe friends.
TrendyTrades: WINK In DemandGreat opportunity to Scalp/Swing WINK right now as it's in a 3HR Demand / 1HR Demand BINANCE:WINUSDT
The formation of an uptrendIt has good support for MA50 and is close to breaking, it is expected to hit the above targets in the next few days.
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!
$WIN - Out of Dangerous waters... for now. I think something like this is in play. Wave 1 isn't finished. Looking like a leading diagonal. The problem with $WIN is it tanks heavy with Bitcoin... and another dump could invalidate this setup. Remember to always keep your SL at a level you are comfy with. You will thank me later :)
WINK POSSIBLE CUP FORMATIONCould get back to it's ATH in roughly a week as seen on the 4H chart.
It might be a good time to buy now, since it's around the bottom of our cup formation.
My Targets: 0.00156, 0.00183, 0.0021, 0.00248, 0.00297, 0.00438 (Targets were set using the fibonacci retracement.)
Wink is a Bat and maybe a Crab!AB=0.38 XA
BC=0.88 AB
tp1=1.6 BC=$0.0042
tp2=0.88 XA=$0.0247 *it's a dangerous price zone. be careful at this zone*
tp3=2.6 BC=$0.04
*after the breakout of $0.04 and $0.05 resistances, the bat could transform into a crab*
tp4=3.6 BC=$0.38
tp5=1.6 XA=$2.33
