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Wepower

WPR, the famous ICO CUP.Hello friends, welcome to this analysis on WPR. WPR was one of the recent successful Ico, being in the market and watching the recent ico launches such as ONT, Wan and some other coins, i came up with this pattern i like to call "the the Ico cup"! usually, the successful icos, go down after in price due to the token holders from ico take their profits, after that the price curves and make a huge cup followed by a bullish consolidation as falling wedge. according to my experience with this new ICOs and this pattern, I figured out that they have a huge upside potential cause unless other coins they don't have bag holders, hence they have fewer resistants on the way upside. we can only expect people to take profits based on Fibonacci and measured move lines. A powerful break (candle open and close with high volume) above the wedge ( the black dotted triangle) can be a good buy signal. as I always say, don't FOMO on the break out and wait for the candle to open and close above the falling wedge on high volume to confirm the breakout. If you wanna participate in this trade remember to use stop-losses according to your risk profile and take profit at the red Fibonacci and red dotted lines. Good luckzi ;)
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by Trader_Shayan
1
WPR idea if 1st EW Motive Wave is confirmed. Prepare for bullsWPR is becoming more and more publicly acknowledged. I think it might be ready to show us what its got. But first... It might correct a bit more. Purple count might also be viable, but I believe it to be a bit unlikely. If PURPLEcount is proven correct, then the bull run is ready to start. If YELLOW line is proven right, then the 3rd motive way is delayed a bit. Of course, we might also have sideways movement for a while longer before it's ready to jump. See WHITE drawing. We are still getting data on WPR, so there is little to work on. Watch those fib levels in case of a breakout. There we will hit resistance if we go up.
WLong
by reynar
2