WBTCUSD is currently forming a Harmonic Pattern (XABCD) on the 4-hour timeframe. This pattern, characterized by distinct price swings, is indicative of potential trend reversals or continuations. The completion of this pattern at Point D suggests a probable bullish momentum.
Trendline Confirmation:
Additionally, the price action is in alignment with a...
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Never trade without expecting risk
Risk is part of the game
--
It's important for you to
understand this
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As you start making money
learn to calculate risk
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WBTC is an alternative
of Bitcoin to other networks
such as Ethereum network
--
Whatever trading strategy you use
there is always risk
--
Watch the video to see
the example of
the parabolic...
I was looking into the WBTC/BTC spreads fully expecting to see BTC trade at a premium over WBTC. Yes, WBTC is a well-known product with serious custodians (Anchorage) and audited but still, there is risk there. When you buy WBTC, you buy a liability. There should be a discount. Right?
Well, not really no. The WBTC/BTC arbitrage play is crowded enough that as the...
🆔 Hello, my followers
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WBTCUSDT is now as shown in the graphic
Trend : long / Bullish
Safety : Medium
Period to hit : 4 Day's : 1.5 week
Short Term Target : 10 %
mid Term Target : 20 %
Max Risk : 5 : 10 %
Now Price : 63000
Target 1 : 69000
Target 2 : 74500
Market : Spot Trading
💟Best of luck
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"BTC is King" I have heard this countless times without number but what happens when BTC backed brother stands a better chance of over throning BTC?
Before You say "Oh Makaveli that is so impossible🙄 ",
Wait! first let me introduce you to the younger coin brother that stand the chance to out run BTC faster any time...
Perhaps WBTC will break off from the trend of other coins and get another pump upwards, with there being room on the Relative Strength Index (RSI) for more price increase before it goes into over-bought conditions.
I thought WBTC price was tied to bitcoins? This chart says different. $113000 spike? Maybe it’s the tip when to take profits at the end of the bullrun!?
