Wink - 4 hour chartWink has retraced for the last 11days, after hitting an all time high on the 6th of April.
If my triangle is correct it has done a fake out of the downward trend, re-entered into the triangle (right at the tip)
and has made a second attempt. The next red candle not finished, looks to be a retest of that trend.
It is above all emas, current price, hasn't dropped past the 0.618 fibs much.
On the daily it looks like a bull flag.
If we get some strength here, this hopefully gives us another run to the upside.
If it fails here and breaks the 0.618 - we probably retest the 200ema / 0.786fib range.
Happy trading everyone!
WINUSDT trade ideas
$WIN - About to enter subwave 3 of wave 3 ? This overnight correction forced by the BTC mini dump is pretty healthy for this subwave 3. It also means that wave 4 will most likely be more a shallow retrace and wave 5 could take us much higher.
Lets see how this plays out! Don't forget to adjust your stop losses.
WIN/USDT breaked out for H1WIN/USDT breaked out from strong resistance line, we need to wait for backtest and nearest target is 0.00188$ and 0.00212$ but i think it will not stop at there. You can use Trend-Based Fib Extension to look for resistance.
Remember WIN/USDT already up to 1200% in last waves, stoploss is required.
Anything that doesn't make sense, please give me a comment. Please motivate me to develop myself and help someone needed.
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