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WING

Is it worth expecting a 50% pump for WING?Hello everyone! I suggest you take a look at the cryptocurrency WING. This coin is known for often experiencing pumps. At the moment, there is a good opportunity to catch an upward movement, possibly up to around $8.4. Currently, the price is attempting to break the 0.382 Fibonacci level, and the EMA 200 is also in that same zone, which I believe could provide a strong push for a pump. Targets on the chart. This is not financial advice, and everything you do is at your own risk.
Long
by neverovv
WING/USDT Bearish Battle will It Lead?!!👀 wing today analysis💎Currently, wing is trading with bearish sentiments as it broke below the triangle pattern a few days ago. We've clearly seen no bullish volume, and EMA 50 is also indicating a downward move. 💎However, a point to consider is that it's holding support tightly, which might shift the market momentum upward. Unless you're accumulating for a longer timeframe, it's advisable to wait on Bitcoin's final correction. 💎 The King still has legs till 21909, should form a range, and then most altcoins will set up for a bullish mode. 💎 In the ever-changing crypto universe, staying updated and adaptable is essential. Stay tuned for more updates and enjoy your trading journey!
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by MyCryptoParadise_Simon
UPDATE: WING UP 600% after bullish signal 🚀WING pumped 600% after the bullish Supertrend Ninja - Clean signal (green vertical line on the background). WING broke out of the bullish Zone of the Ichimoku Cloud , which is bullish . The RSI is in the overbought zone at 95. RSI Brown at 133. If we take a look at the Average Directional Index ( ADX DI) its starting to be bearish, as it is pointing downwards. Currently WING is way above its upper Bollinger Band, Band Basis 20 Period SMA . A retrace back within the Bollinger Band is more likely. The risk to reward right now to enter a trade is bad. Waiting patiently on a bullish Supertrend Ninja signal, before entering a long paid off. Thank you for reading. Namasté 🙏 Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns. What Indicators Do I Use: In the chart I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for downtrends.
by Kch28
1
Wing Finance (WING) - July 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (WINGUSDT 1W Chart) It is important to be supported in the 15.22-21.71 section. If it falls below 15.22 and finds resistance, there is a possibility that it will move towards the 9.39 area, so you need to be careful. In order to turn into a full-fledged uptrend, the price must remain above the HA-High indicator. Therefore, in order for the HA-High indicator to decline, there must be up-and-down volatility. (1D chart) If the HA-High indicator rises and holds the price above that point, we expect further upside. The key is to find support in the 15.22-19.15 zone and move above 21.71. If it drops from 15.22 and finds resistance, Support: 9.39-10.70 ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
1
Does WING's Earnings Bounce Have Legs?WING has been an interesting story in the restaurant sector over the past 7 years. Wingstop has experienced above-average growth in both top and bottom line figures over this timeframe. Let us explore why this is the case and where the stock may go from here... Fundamentals: WING's fundamentals are nightmarish. Incredibly high levels of debt (likely why WING has been able to expand so quickly), negative stockholders equity, 17% of shares float are short, a forward P/E of 70, yoy revenue beginning to stall with current year-end revenue expectations up only 2-3% from 2021 year-end. WING's total liabilities make up more than double its total assets. The company is grossly overvalued, Wingstop's intrinsic value is roughly 35-45 dollars a share. This bounce off of earnings is unsustainable, to say the least. The company did not even post a beat, and its shares surge 20%... this move simply does not make sense. Technicals: Long-term uptrend still intact. This will change if a move below the A trend line occurs. Currently, WING is struggling to break above the short-term bearish trend line labeled as B . A touch at 128.43 resistance and a quick retreat back to trend line B leads me to believe this is a temporary bull run in what is a longer-term downtrend for WING. Global macro conditions: Tightening of financial conditions, supply chain woes, war, sanctions, Supply crunches in energy commodities, climate crises, hot inflation, political unrest, and sovereign default concerns intensifying -along with other factors- all play a role in a rapidly worsening macroeconomic narrative. These factors are often talked about by economists but I fear they are overlooked in cases such as these when the market rewards a weak growth stock such as WING with a massive bounce in price off of an average earnings report, all during an unprecedentedly difficult global economy. Targets: Unclear as to when WING will significantly fall in price. I think the deterioration of financial markets over the next few years will be serious- things will get worse and stay worse for longer than expected- and companies with trash fundamentals like WING will be the first to suffer. Needless to say, I would be short WING if given an option. I see a fall to 113.92 as a short-term lock. Longer term I expect a choppy downward trade from lower support levels to lower support levels eventually forming fresh lows at the 49.89 support level. Seems like a bit of a wild prediction I'm sure, but this is what I see. As always this is not trading advice, good luck!
NASDAQ:WINGShort
by Gooby_Trades
WINGUSDT (WING) Daily tf Range Updated till 09-06-22WINGUSDT (WING) Daily timeframe range. another alt with a broken bottom. but it retraced back and retrace till 08 june 2022 which is over 540% from its new low. however this particular candle on 08 june tells many things. it did created a huge space in between its range space, there is a over 94% freaking wick on that candle which definitely tells its a high risk and reward alt. all tho volume is fairly low so the candle wick make sense as it didn't took much to pump and dump. rest upon depend on its fundamentals and quality of its buyers.
by cryptoforever1
1