Yes, Wheel of Time is Estelle's signature move, basically in the game a bar fills when you take actions and damage etc. Once it hits 100 you can use a special move, which if you use it at 200 (the cap) it does more damage. Wheel of Time is that special move for Estelle. It damages the target and heals Estelle, very OP in the games. I think it's probably controlled or redirected.