Free Wine Shares (WINE) Technical Analysis Signals | Free Crypto Technical Analysis Signals | 29 Apr

Overal Signals
Neutral Neutral Hold Hold
Last Update / Period
29 Apr / Daily

Wine Shares (WINE) signal with technical analysis on 29 Apr

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 39 suggested buy signal strategies, while 77 indicated sell signal strategies. The remaining 140 strategies remained neutral without providing any specific signal.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's delve into the details of each strategy:

Strategy 1:
Buy Signals: 10
Sell Signals: 11
Neutral Signals: 43
Result: This strategy leads to a Neutral position.

Strategy 2:
Buy Signals: 14
Sell Signals: 15
Neutral Signals: 35
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 9
Sell Signals: 24
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 6
Sell Signals: 27
Neutral Signals: 31
Result: This strategy leads to a Hold position.

Overal Strategy :
Buy Signals: 39
Sell Signals: 77
Neutral Signals: 140
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Wine Shares (WINE) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.

SNResult: Looking at the technical analysis for Wine Shares (WINE) on th, it appears that there is a tendency toward a sell signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and making investment decisions should be done carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.

According to the above signals and forecasts, we recommend the following methods:
Wine Shares (WINE) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position (long position), it is recommended to choose the optimal time to exit the current position based on the combination of technical analysis signals. If you have a high risk tolerance, wait for the market to move in the coming days.
Wine Shares (WINE) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short position), holding your position may be the right strategy based on the consensus of our technical analysis signals. However, always be careful and monitor market developments closely.
For new positions: If you are not currently invested or are considering switching to a sell position (short position), it is recommended to consider the expected price range, which represents a potential downside of INF% based on the lowest expected price. Before entering into a selling position, be careful and do thorough research to ensure it is compatible with your risk tolerance and investment objectives.

In all your trading endeavors, the implementation of a well-defined stop loss strategy is paramount to manage potential downside risks effectively.

Useful Tips 2:, for those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions for your Wine Shares (WINE) holdings.

Wine Shares (WINE) Price Analysis and Support Levels:

In our current Wine Shares (WINE) position, we find ourselves in a short position, anticipating a potential downward trend in the market. It's essential to have a clear understanding of the support levels that can come into play. These levels act as key reference points for traders and investors to make informed decisions.

First Support Level: 0
The initial support level at 0 is where we are closely monitoring the price. It serves as a critical point in our analysis. If the current downward trend persists without any signs of reversal, this level may be breached. This would imply that the selling pressure is quite substantial and might indicate further potential for price depreciation.

It's crucial to remember that these support levels should be looked at closely and understood in the context of overall market trends and indicators. To make well-informed decisions while trading Wine Shares (WINE), it's essential to stay alert and keep analyzing the market consistently. This will be valuable as we navigate the ever-changing world of Wine Shares (WINE) trading. By paying attention to these support levels and considering broader market dynamics, you can make smarter trading choices and adapt to the dynamic nature of this market.

Wine Shares (WINE) technical analysis chart

Wine Shares (WINE) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 0.635 0.739 0.797 0.823 1.228
Support -- -- -- -- --
Wine Shares (WINE) price movement in the coming days

Wine Shares (WINE) signals list for 29 Apr

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Wine Shares (WINE) technical analysis over the past days

# Date Overal Signals ALL Signals
1 28 Apr Hold NeutralNeutralHoldHold
2 27 Apr Sell NeutralNeutralHoldHold
3 26 Apr Hold NeutralNeutralHoldHold
4 25 Apr Hold NeutralSellHoldHold
5 24 Apr Hold NeutralNeutralHoldHold
6 23 Apr Hold NeutralHoldHoldHold
7 22 Apr Hold NeutralHoldHoldHold
8 21 Apr Hold NeutralHoldHoldHold
9 20 Apr Hold HoldHoldHoldHold
10 19 Apr Hold HoldHoldHoldHold
11 18 Apr Hold HoldHoldHoldHold
12 17 Apr Hold HoldHoldHoldHold
13 16 Apr Hold HoldHoldHoldHold
14 15 Apr Hold HoldHoldHoldHold
15 14 Apr Hold HoldHoldHoldHold
16 13 Apr Hold HoldHoldHoldHold
17 12 Apr Hold HoldHoldHoldHold
18 11 Apr Sell SellSellHoldHold
19 10 Apr Hold NeutralNeutralHoldHold
20 09 Apr Sell NeutralSellHoldHold
21 08 Apr Buy BuyNeutralHoldNeutral
22 07 Apr Hold HoldHoldHoldHold
23 06 Apr Hold HoldHoldHoldHold
24 05 Apr Hold HoldHoldHoldHold
25 04 Apr Hold HoldHoldHoldHold
26 03 Apr Hold HoldHoldHoldHold
27 02 Apr Hold HoldHoldHoldHold
28 01 Apr Hold HoldHoldHoldHold
29 31 Mar Hold HoldHoldHoldHold
30 30 Mar Hold HoldHoldHoldHold

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