WING
WING Breakout post bullish divergence wingbtc wingusdt wingusdWING Breakout post bullish divergence wingbtc wingusdt wingusd - WING TOKEN 4H CHART
WINKG Starts To Move (Targets Mapped & Project Overview)WINKG (WINGBTC) is gaining big this past week in trading volume while prices are moving higher.
Bullish momentum is starting to build up on this altcoin pair with more possible.
On this chart, I am sharing with you my Fibonacci targets as well as the project overview below:
"Wing is described to be a credit-based, cross-chain DeFi lending platform dedicated to the crypto asset lending and cross-chain interactions between DeFi products. The project's decentralized governance model and risk control mechanism are described to promote a mutually beneficial relationship between borrowers, creditors, and guarantors. Wing has also developed a credit evaluation module as a showcase example of credit-based decentralized lending. There are several project highlights:
"Flash Pool: As the first product on Wing, the Flash Pool claims to support assets lending and it has introduced Insurance Pool to lower assets risks. It is claimed that users can earn rewards in Wing from the Flash Pool by lending, loaning and depositing. It currently supports assets like to ONT, ETH, wBTC, USDT & DAI.
"Credit Lending: It is also claimed that Wing will launch the IF Pool, a credit-based lending product where users with an OScore can deposit assets which the value is 80% or higher than that of the assets borrowed.
"Community Proposals: It is further claimed that Wing DAO is where community members are encouraged to submit proposals for DeFi services. The community would be able to make decisions independently on product launches. The model also allows autonomy in product application rules like interest rate adjustment, the termination and cancellation of products."
Thanks a lot for reading and for your continued support.
Namaste.
Wing bounced support. Ready for pumpYesterday, the wing price had a great start.
The market is extremely stressful because of today's presidential election. Wing price was also badly affected, but turned from the support of a triangle formation.
If the Wing price breaks the Triangle's blue resistance the target will be around 14.
Wing Has %80 Profit Potential Thanks To Bullish Gartley! In my previous technical analysis, I said that the wing price will no longer fall but rise.
Wing price rose more than 50% from the bottom price. You can see that it has made a gartley pattern after this rise.
If it goes down to the 7.88 level, the gartley pattern will be complete.
Wing may have completed it' bloody fall.Hello everyone.
The price of the Wing has actually dropped very worryingly.
Probably, this sharp price drop; has caused investors to get very angry with the binance exchange.
The hard fall of a binance defi project has reduced investors' confidence in the binance exchange.
We also know that the "Ont Coin" (Ontology) team is behind this project.
The most positive aspect of this project is that the market cap value is low and the number of wing tokens sold daily is low. Perhaps this low selling pressure will cause the price of this coin to jump up in a short time.
According to the whitepaper document on the official website of the Wing Finance project; This year, 0.06 wings per second will be released. In the second year, 0.05 wings will be released per second.
Thanks to this document, we understand that 5184 pieces of wing tokens are released per day and they join the sales pressure.
In fact, this sales pressure is quite low compared to other projects. However, since both the ont team and the binance exchange have never owned this project, they have gone through such a bad process.
I hope the mathematical superiority of this project is reflected in the project price.
Let's see what happens next.
✳️WINKG/BTC (7-10) #WING $WING #WINGBTCWING is heading to 1000sts and I think it will hit this zone in next 2-3 days. This is the last support that I can imagine so we will bet on this trade.
We will buy it close to 1000sts as possible for the targets : 1500-2000 or even 2300sts if lucky
Stoploss for this trade is just 10%.
WINGBTC - Positive divergence in depthI will open a long position
If this is stabilized above MA20 1H
WING/BTC (New Resistance Area)💎Technical Analysis Summary💎
BINANCE: WINGBTC
-During the deep pullback, WING found support at the 1600s sat area
-But immediately faces new resistance at the 2500s sat
-We can see multiple Bearish candles of potential rejections
-If the current price is unstable to hold for the next 24-48 hours
-It will likely to retest previous support
-Please plan your trade and follow your stop loss location
A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉
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Not Financial Advice 💸
Please Exercise Risk Management 💱
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WINKG (WING) Chart Analysis w/ Targets (150%+)Let me start by saying that this is a pretty young chart, the less time the chart has, the less data/info, the less accurate is the analysis.
With that said... Let's have a look at WINGBTC (WINKG) .
We have a strong bounce on the 30-Sept. which pushed prices above EMA50 on this timeframe, 4H.
A retraced followed that ended up in a higher low... We are starting to see some of our classic bullish signals.
The RSI is strong above 50 and the MACD is about to print a bullish cross.
If prices manage to break above EMA50, you can expect additional growth and up to 150%...
But if a rejection takes place, the lower support will be tested (red dashed line).
Namaste.
-> This is not financial advice.
-> Use this information as an adjunct to your own strategy and trading.
-> Trade at your own risk.
-> All the information is shared for learning/entertainment purposes only.
WING BTC Possible Bullish Move, part 2A falling wedge has formed. Plus hidden divergence according to the RSI indicator. Put a stop loss and sell at resistance levels.
WING/BTC (Testing Local Support)BINANCE: WINGBTC
-We can confirm a trendline resistance below 7k sat range
-The price rejected multiple time and moving back to previous support
-WING has local support at 5100 sat area which acted supported last Sep 17
-If we are Bullish, we need to see WING break above this channel
-If you are looking for position entry of a Swing trade idea
-Buying at important key levels is an ideal approach
-And stop loss is placed at a recent low at 4600 sat
-Because of the 4600 sat support failed, it will likely come down lower
``````````````````````````````````````````````
Trading Involves High Risk
Not Financial Advice
Please Exercise Risk Management
``````````````````````````````````````````````
If You Like My Daily Published Ideas
A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
Happy Trading! --> Thank You! :)
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WINGSTOP still looks extremely bullish going into earningsLook for the next candle on the MACD to be a lighter red color take the buy
seems like it might get created on Monday morning around 10am
If Wingstop sells off a bit and a new MACD lighter red candle gets created
buy in
more than likely its going to beat earnings and gonna keep skyrocketing
as long as people are inside and Q2 earnings for every other company is on the downside then youre good on buying WING for earnings and until Q3
when a sell off might happen IF people start going back their jobs and this whole corona virus is over by Q3 earnings around September
to make a long paragraph short, Buy WING until Q3 announcements or when states start opening up again
then when everything begins to start going back to normal, sell everything and expect a huge sell off