Mulai
Pembelian
Diupdate

Wing Finance (WING)

8 316
On the above 8-day chart price action has corrected over 90% since March 2021. A number of reasons now exist to consider a long position, including:

1) Price action and RSI resistance breakouts.

2) Price action backtests past resistance as support.

3) Price action prints a double bottom bullish divergence.

4) Some other stuff, will say elsewhere..

Is it possible price action falls further? Sure.
Is it probable? No

Type: Trade
Risk: <=6%
Timeframe: Act now
Return: Will say elsewhere
Catatan
Testing GRM support
Trade aktif
GRM support confirmed. $20 appears to be the first resistance.
Catatan
If you missed out on the Auction and FRONT moves.. this would be a ding dong, Donkey Kong says be...
Catatan
If you see price action close a candle body above 6.50, hold it to 40 dollars.
Catatan
testing support, usually a good moment to watch. Happening across many alts
Catatan
There a number of messages on this trade. If I could summarise the reason for those messages, emotions. No other reason.

Once you forget about emotions (it is difficult I know) you can begin looking left. That is where the answers are found.

Support and resistance
See the blue circles? This is past resistance. As mentioned in the last update, price action is now testing past resistance as support. As alluded, this is happening across a number of assets but not all.

1-day chart
cuplikan

If you keep looking left… you will see why this support and resistance test is more important than most. The last time this resistance was confirmed as support price action jumped 1100% 15 days later. I’m not saying that is what will happen here. What I am saying is do not underestimate the power of support and resistance, when it confirms..



1-day chart
cuplikan
Trade aktif
** GRM support confirmed **
Catatan
Did you miss out on the Bond move? The target for this one is similar. No idea on the "when", never do.
Catatan
support on past resistance confirmed
Catatan
Think we're days away from a significant move. Will explain why elsewhere...
Catatan
Have a few messages about targets. You know I loath targets! That said you should look for price action settling between 30 and 70 dollars, as before. It will be quick and volatile, like Bond was.
Trade aktif
Catatan
Hope you filled your boots...
Catatan
Did you fill yer boots or did your listen to the trolls?
Catatan
Past resistance confirms support
Catatan
nudge nudge wink wink
Catatan
on support
Trade aktif
support confirmed.
Catatan
Support on past resistance confirms.
Catatan
The main event of this idea is probably going to print in the soon.
Catatan
Past resistance confirms support.
Trade aktif
without_worries
patreon.com/withoutworries
Juga di:
Multiple Time Frame AnalysisOscillatorsSupport and Resistancewingfinance

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Multiple Time Frame AnalysisOscillatorsSupport and Resistancewingfinance
without_worries
patreon.com/withoutworries
Juga di:

Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.