Updated
Wink-Btc finding support
The Wink-btc pair is developing a strong support at 4 satoshis, and currently resisted at 5 satoshis. It is difficult to have an order filled at 4 sats, however I was able to fill an order equivalent to 4 sats by trading into wink through Bnb. The RSI is cooling off, and printed a hidden bullish divergence not long ago, turning oversold at 5 Sats. I’m anticipating a breakout of this range in the coming hours.
TP1: 7 Satoshis appears to be the next strong resistance, speculatively.
TP2: 9 Satoshis
TP3: 11
Please keep in mind that my price targets are highly speculative, and could even reach much higher targets. Targets/support/resistances are based on current price action and RSI. The lack of data makes it difficult to predict where this price is headed in the medium term. This is my short term plan and not financial advice.
TP1: 7 Satoshis appears to be the next strong resistance, speculatively.
TP2: 9 Satoshis
TP3: 11
Please keep in mind that my price targets are highly speculative, and could even reach much higher targets. Targets/support/resistances are based on current price action and RSI. The lack of data makes it difficult to predict where this price is headed in the medium term. This is my short term plan and not financial advice.
Note
The WinBNB chart is printing a bullish divergence. The WINBNB is becoming more useful in terms of TA. The low liquidity and high spread of the wink btc pair makes TA almost useless.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.