WIN.USDT (Y21.P2.E4).Looking for the next entryHi All,
I'm stalking a few coins.
WIN or WINK seems to be making a descending broadening wedge which tend to give good results.
Hence the observations:
a) 0.618 fib level possible support
b) downward pressure still on the daily
c) Daily 50 ema or weekly 10 ema could also be point E (hence double bottom or W formation on the local level).
d) You can see how it can possibly be a inverted H&S.
The approach.
a) trade the breakout from the broadening wedge trend line
b) look for reversal pattern on the lower time frames or a bullish candle or candle combination from one of these levels.
I tend to use the 1 hr 13/50 ema cross over as an item.
However other indicators can also play a role. eg WT or Macd
All the best,
S.SAri
s3.tradingview.com
WINUSDT trade ideas
WINK - ending consolidation before break outWink is currently sitting above the fib, at the bottom near the end of an ascending triangle. Now is a good buy opportunity for me while it’s in the red. This should break out in the coming days and retest the triangle before making its way to 0.0018. Chances are that it will either wick this area pretty hard or blow straight through it and head up to the 0.5 fib around 0.00206.
Who knows? I have no idea. This is not financial advice.
<3
WINUSDT, in temporary descending channel. WINKHello my friends, Everything is clear on the chart for like always. The price is in deep correction and temporary descending channel and needs break the channel to growth. So consider the price's behavior in the circles especially the red circle. All scenarios, resistance and support zones are marked. good luck.
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WINUSDT -- What The Next Move ? Hello All Trader's — Hope You Be Fine .. And Be Always In Profit ..
🎴Currency : WINUSDT
🎴Time Frame : 1 Hour
🎴Tools : Trend Line + Support Area + POC line
🎴Description : Waiting For Break Out Up Trend Or Down Trend To Enter Sell Or Buy
🎴Main Direction : Side Way
Thanks For Read My Analysis ♥️