WINKG (WING) Chart Analysis w/ Targets (150%+)

6 באוק׳ 2020

Let me start by saying that this is a pretty young chart, the less time the chart has, the less data/info, the less accurate is the analysis.

With that said... Let's have a look at WINGBTC (WINKG).

• We have a strong bounce on the 30-Sept. which pushed prices above EMA50 on this timeframe, 4H.
  
• A retraced followed that ended up in a higher low... We are starting to see some of our classic bullish signals.
  
• The RSI is strong above 50 and the MACD is about to print a bullish cross.
  

If prices manage to break above EMA50, you can expect additional growth and up to 150%...

But if a rejection takes place, the lower support will be tested (red dashed line).

Namaste.

-> This is not financial advice.
-> Use this information as an adjunct to your own strategy and trading.
-> Trade at your own risk.
-> All the information is shared for learning/entertainment purposes only.