WIN
WINK pump end of MayLooking at the BB it is narrowing nicely but very likely like several other crypto it be pumping around the same time at the end of May. There still some chances to buy WINK at lower prices, but once it start pumping, a good strategy is to sell your investment at the previous top and if it goes higher sell the rest at the next top.
Possible Storm Before SunshineIdea 1:
Lately, Win has had no Pumps while most other Alts have. The price relatively the same since BTC at 54k. Now BTC at 58k+ (as mentioned no real change to Win).
Win has resistance at 0.00140 bringing the price back to the 0.00135 area - prior there was resistance at 0.00150 bringing the price down also.
BTC predicted to go back to the 50k area after reaching new potential ATH or around the 60k area (whichever happens first).
If and When BTC goes down WIN will go down (Most Alts will).
A Descending Triangle and Uptrend Wedge have formed -->> Both are indicative of a Bearish reversal, so any uptrend so far can say it short term or candle bursts.
If price reverse can see it go to 0.00100 regions before a bounce-back up -->> Watch out for the 0.00128 to 0.00131 regions
Since WIN is attractive to buyers, we can expect a Bounce back up to the 0.00150 to 0.00160+ region if a downturn break occurs.
Idea 2
Win continuation straight to the 0.00150 or 0.00160 regions in the short term with a possible pump to 0.0018 regions before a pull back once BTC comes back down to the 0.0012 regions before uptrend continues to the 0.0033 regions
Timeline:
First to the Second week of May once the future contracts for BTC start their way to expiry again. Or once BTC has reached 60k area or near its new ATH if indeed it does manage to break the 65k area again.
Win according to Fibonacci can reach around 0.01 regions this year, but most likely to be around the 0.004 to 0.005 regions.
Just an observation not financial advice, for educational brainstorming only.
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.USDT (Y21.P2.E4).Looking for the next entryHi All,
I'm stalking a few coins.
WIN or WINK seems to be making a descending broadening wedge which tend to give good results.
Hence the observations:
a) 0.618 fib level possible support
b) downward pressure still on the daily
c) Daily 50 ema or weekly 10 ema could also be point E (hence double bottom or W formation on the local level).
d) You can see how it can possibly be a inverted H&S.
The approach.
a) trade the breakout from the broadening wedge trend line
b) look for reversal pattern on the lower time frames or a bullish candle or candle combination from one of these levels.
I tend to use the 1 hr 13/50 ema cross over as an item.
However other indicators can also play a role. eg WT or Macd
All the best,
S.SAri
s3.tradingview.com
WINUSDT, in temporary descending channel. WINKHello my friends, Everything is clear on the chart for like always. The price is in deep correction and temporary descending channel and needs break the channel to growth. So consider the price's behavior in the circles especially the red circle. All scenarios, resistance and support zones are marked. good luck.
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