#WINK/USDT#WINK
The price is moving in a bearish channel on a 4-hour frame, which the price adheres to and is expected to break to the upside in an upward manner
It is expected that the Moving Average 100 test will be retested
The RSI indicator has a trend cap that is expected to break higher
Entry price is 0.0001440
The first goal is 0.0001533
The second goal is 0.0001665
The third goal is 0.0001820
Winkcoin
#WIN/USDT#WIN
The price moves in a range of upward and downward waves, but within the limits of that channel
This pattern was broken by breaking the downtrend
Which gives the price an impetus to rise to levels we have not seen since the beginning of the year
Current price is 0.0000800
First target 0.0001053
Second goal 0.0001321
Which represents 170% of the current price
We have great support from the rise of Bitcoin
Just a continuation of the trend - ShortBesides usual spikes, WINk cannot hold any rally. It just attracts short term gamblers into the game.
The team hasn't burned any coin in the last half of year, no meaningful partnerships, no actual achievement during all this time.
Opportunity to sell it here, around 20% profit.
Profit taking continuesWIN, DENT, HOT, CTSI, STMX, NKN, BTT, WRX, AUDIO, MITH - and many, many other coins looking pretty much the same.
It's profit taking time, with some small pumps along the way, meant to lure in short time gamblers.
My idea is that these altcoins will suffer another 40%-45% in the next 2-3 months.
Only the hodlers will survive.
Cheers
Wink it, blink not. BINANCE:WINUSDT
Hello Trenders,
Get ready to profit on short term on Win.
The long trend until reversal is bearish.
Now we are in a triangle that when broken will retest breakout but till then Bearish is the game.
According to the analysis even if breakout a little most probably will continue downtrend for a while.
For the fans " there is no doubt win will blow from this falling wedge" but till then lame is the game.
I will try to update.
M.M.M Make Motherfuc.in Money
Be wise, Observe.
I WAS LITERALLY THE ONLY ONE HERE TELLING YOU TO SELLCheck my other analysis on WINK.
Everyone around here was BUY BUY BUY BUY MOON SOON BUY BUY.
When I posted my short idea people started swearing me. Please do your own due diligence, ALWAYS rely more on fundamentals, not on technicals.
Have a look at the stock market, the crypto market is behaving almost exactly like the stock market. Or like the sentiment on the stock market.
This is not financial advise.
It still needs to touch 0.0006 or below for it to bounce, if it will bounce in the near future.
No transparency on the WINk team, their YouTube channel is very weird. The WINk CEO / Founder has a picture with a flower on their LinkedIn profile.
Powerful coins stayed on their range: Check ETH, EGLD, VET, etc.
Sh*t coins went down.
Sell.
WINK TOKEN CLEAN TECHNICAL ANALYSIS 14TH APRiLlooking at WINK here on the 4hr timeframe, anticipating a possibility that price will make a push to the upside soon.
We are currently in a nice setup area with good support in the green zone.
price has approached this area very impulsively and formed a descending triangle consolidating at a fib support area.
price has respected the lower trend lines forming a 123 touch pattern. price may test the support level once again near
the grey box and then there is a high probability for a push to the upside after a break from the channel with a continuation to the upside where price may retrace before pushing higher or correct again at 0.786 level.