Wings DAO (WINGS)WINGS is about to break through the ascending triangle in uptrend direction. The opportunity for taking a long position should be confirmed by crossing the resistance level of the recommended entry line. There are two possible levels of an exit - conservative one and aggressive one.
WINGSBTC trade ideas
Wings DAO Buy opportunity - Bullish Divergence Confirmed!The cryptomarket doesn't stand by idly just because it's christmas, so I'll squeeze on out before my family wants me to join dinner!
Wings is showing great bullish signals. I love triangles and Wings just broke it so we're in for a bullish run up.
RSI confirms a bullish divergence.
MacD is showing some action and is trying to break out.
You can start taking profits at:
- Price target 1: 14k Sat Range
- Price target 2: 20K Sat range
- Price target 3: 23K Sat range
I think it's a low risk with high rewards.
Set your Stop-Loss at around 4.7K Sat range. You can set your Stop-loss a bit lower if you have the confidence that it will pump.
Bitcoin is cycling into a healthy correction phase which I have been waiting for ever since Bitcoin hit 20K. Now that it's finally correcting I'm feeling very confident it will rise up and go big!
2018 will be a great year for the the cryptocurrency market.
Good Luck on this trade and Merry Christmas for those who celebrate!
WingsDAO closing above the
Wings DAO finally closed above the bunched up moving averages and pulled the 20 above the 200 on the close.
So, it's time for some targets!
previous high is resistance; at 4267, and another level at 4665 for the 1.272 fib
target is 5172 at 1.618 fib, which is also the 4h 200MA.
Moon country is 6637, 8102 and finally 9008, where the 4.236 fib meets the 4h 400MA.
WINGBTC Huge Bullish DivergenceBig bullish divergence. Inside daily bar. Looks ready to run.
I am not a certified securities professional. I am not qualified to make a recommendation. I am not making a recommendation. Consult your financial advisor or do your own due diligence before making any financial decision.
Wings / BTC / Dollar opportunityWings presents itself with a nice Dollar chart. The last time the MA 20 with 50 crossed, there was a +50% gain in value in a few days.
This time, the BTC pair at an all time low can potentially yield better profits. Looking for an entry at around the $0.5 mark or enter now with a tight stop loss.
Wings time to flyThe triangle is about to close very soon. It's been consolidating for a few months with the bollinger bands are tightening up. There's going to be a movement in price soon. Which way will it go? I think it's going to be on its way up. The Daily Stoch is looking like its on the swing up. The risk/reward entry is great being inbetween the .618 and .78 FIBs.