WinkLink / WIN/USDTCurrently Wink is a poor state of getting ruined. Hopefully we can hold this from falling any lower as we sat on the 61.8% fib line. I can't see any drastic upside movement to Wink as the market is in awkward situation. The 61.8 is fib line we need to hold. What if it holds the fib line KryptoKian? Well, if we hold it, I see slight move up to the 0.5 fib but a few rejections around that price :/.. So not gonna be a fun ride, but it is a absolute fire sale right. So just sit back and relax, time is essence. We need the market to pick up again, and money flow to start.
Winkforecast
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.
WINK 1D If you don't want a deposit drawdown of -80% read belowIt seems that crypto players have decided to pump most of the coins that are related to the TRONblockchain TRX TRC-20
For your attention, WINK which for 1.5 years, was not interesting to anyone and is not needed, and from the beginning of 2021 it began to grow steadily.
But the most interesting are the last 2 weeks, during which WINKUSDT is actively pamping, the growth at the moment is +785%. It got to the point that the last two green daily candles show a +100% gain per day, and the daily trading volume of $2.5 billion+ at the moment was the largest on Binance among all trading pairs.
This idea is written in order to warn: "Everything that takes off high and without correction can very painful fall."
We do not know if there is any solid foundation for such a sharp pump, but the graph shows two facts:
1. The first liquid zone , where there was at least some consolidation, is 72% below the current price .
2. A really solid and liquid level that will pull the price towards itself is minus 87% of the current price.
Take these facts into account when making your trading decisions.
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Since 2016, we have been analyzing and trading the cryptocurrency market.
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