Wicc
WICC mid term entry levelIn the timeframe of 1h, we can clearly see the trend line as a support level.
A good buy point will be fib 0.618 0.29 USDT
The 1st target will be at 0.36-0.38 USDT
The 2nd target will be fib 1.618 at 0.49 USDT
Stop Loss at fib 0.5 at 0.26 USDT
RISK/REWARD ratio: 3.25
Moving Average, MACD, and RSI shows no negative signals.
I will be very appreciated if you'd like to share your opinion with me here. Also, if you found this post helpful or interesting, please click 'Like'. Thank you~~
WICCUSDT CallbackAfter a strong bullish uptrend, WICC is experiencing a callback on its way to new high.
The question now is at which price level the callback will stop.
From the Fib retracement, we can see that we are currently near the fib 0.5 level, and from the VPVR we can see the 0.236 level is a strong support level.
So my current opinion is that 0.5 fib is already an acceptable entry point. Main force may enter at the level of fib 382, while fib 0.236 is the strongest support.
WICC potential X2This chart looks even better on a weekly.
But need to wait with this one, till it comes back to support.
