WINGUSDT trade ideas
WINGUSDT nice breakout from descending channel 🦐WINGUSDT nice breakout from the descending channel and the price bounced on 0.618 Fibonacci level.
IF the price will have another breakout from 4h resistance, and flip into resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
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.