Free Wine Shares (WINE) Technical Analysis Signals | Free Crypto Technical Analysis Signals | 07 Dec

Overal Signals
Hold Buy Hold Hold
Last Update / Period
07 Dec / Daily

Wine Shares (WINE) signal with technical analysis on 07 Dec

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 153 suggested buy signal strategies, while 4 indicated sell signal strategies. The remaining 99 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: 35
Sell Signals: 3
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 38
Sell Signals: 1
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 40
Sell Signals: 0
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 40
Sell Signals: 0
Neutral Signals: 24
Result: This strategy leads to a Hold position.

Overal Strategy :
Buy Signals: 153
Sell Signals: 4
Neutral Signals: 99
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.

BNResult: Looking at the technical analysis for Wine Shares (WINE) on th, it appears that there is a tendency toward a buy 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.

Based on the signals, we offer the following recommendations:

Wine Shares (WINE) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position (long position), based on the consensus of our technical analysis signals, continue to maintain the current position with greater vigilance and caution. However, always be careful and monitor market developments closely.

Wine Shares (WINE) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short 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.

For new positions: If you are not currently in the market or are considering switching to a buy position (long position), it is recommended that you consider the projected price range. This range represents a potential upside of 163.24%, determined by the highest predicted price. However, before deciding to initiate a buy position (long position), it is important to be careful and do thorough research to ensure that it fits your risk tolerance and investment goals.

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 resistance Levels:

Given our current long position in Wine Shares (WINE), analyzing key resistance levels is crucial to better guide the cryptocurrency's price movement. These resistance levels serve as important benchmarks for our strategy and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (2.007):
The primary hurdle we face is the 2.007 price tag. If the prevailing trend remains unchanged, it is quite possible that Wine Shares (WINE) could break above this level. This will be a promising indicator of its strength and potential for further achievements.

Second resistance level (2.25):
If the upward trend shows significant strength, we may see Wine Shares (WINE) cross the second resistance level of 2.25. This milestone represents a significant upside move and may indicate a promising direction for our position.

The third resistance level (2.861):
For a more comprehensive analysis, let's consider a scenario where Wine Shares (WINE) not only breaks the second resistance level, but is able to hold its price above this benchmark. If this trend continues in the coming days, it could pave the way for Wine Shares (WINE) to reach the third resistance level set at 2.861.
It's crucial to remember that these resistance 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 resistance 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 2.007 2.25 2.861 3.897 6.657
Support 0.769 0.635 -- -- --
Wine Shares (WINE) price movement in the coming days

Wine Shares (WINE) signals list for 07 Dec

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 06 Dec Hold HoldHoldHoldHold
2 05 Dec Hold HoldHoldHoldHold
3 04 Dec Hold HoldHoldHoldHold
4 03 Dec Hold HoldHoldHoldHold
5 02 Dec Hold HoldHoldHoldHold
6 01 Dec Hold HoldHoldHoldHold
7 30 Nov Buy BuyHoldHoldHold
8 29 Nov Hold NeutralHoldHoldHold
9 28 Nov Hold NeutralHoldHoldNeutral
10 27 Nov Hold NeutralHoldHoldNeutral
11 26 Nov Hold HoldHoldHoldHold
12 25 Nov Hold HoldHoldHoldHold
13 24 Nov Hold HoldHoldHoldHold
14 23 Nov Buy HoldHoldBuyNeutral
15 22 Nov Buy HoldHoldNeutralNeutral
16 21 Nov Buy BuyBuyNeutralHold
17 20 Nov Sell SellHoldHoldHold
18 19 Nov Hold NeutralHoldHoldHold
19 18 Nov Hold HoldHoldHoldHold
20 17 Nov Hold HoldHoldHoldHold
21 16 Nov Hold HoldHoldHoldHold
22 15 Nov Hold HoldHoldHoldHold
23 14 Nov Hold HoldHoldHoldHold
24 13 Nov Hold HoldHoldHoldHold
25 12 Nov Hold HoldHoldHoldHold
26 11 Nov Hold HoldHoldHoldHold
27 10 Nov Hold HoldHoldHoldHold
28 09 Nov Hold HoldHoldHoldHold
29 08 Nov Hold HoldHoldHoldHold
30 07 Nov Hold HoldHoldHoldHold

Users forecasts for Wine Shares (WINE)

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