WANCHAIN-WAN/BTC SETUP
Wanchain (wanchain.org) aims to build a distributed future "bank." As a distributed digital-asset based financial infrastructure, Wanchain allows any institution or individual to set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets.There are various upcoming news and catalyst so it might affect its price.
Let's analyze the Daily Timeframe chart of the pair to know levels to buy and could be one of the best performing coins now.
WAN/BTC pair has already seen a surge of 50%+ since last month and with more upside potential because of upcoming news and catalyst.It will undergo a slight correction to downside in the coming days/weeks.
Interested buyers can look for price around 0.0000945-0.0000983 Satoshi(first green bar) and around 0.0000845-0.0000867 satoshi(second green bar) using laddering technique.
Sellers can look for three potential sell zones 0.0001465-0.0001530 Satoshi(first red bar),0.0001958-0.0002037 Satoshi(Second red bar) with long term target around 0.0002890-0.00003027 Satoshi(Last red bar).
Also, it has been trading above the 200D-SMAs and entered Ichimoku cloud, breaking above it would be strongly bullish for the asset.
Caution: If the last line of support 0.0000749-0.0000708 satoshi (last green bar) is broken down then one should not hold the coin as it would be strongly bearish(sell signal) for the asset.
Let's analyze the Daily Timeframe chart of the pair to know levels to buy and could be one of the best performing coins now.
WAN/BTC pair has already seen a surge of 50%+ since last month and with more upside potential because of upcoming news and catalyst.It will undergo a slight correction to downside in the coming days/weeks.
Interested buyers can look for price around 0.0000945-0.0000983 Satoshi(first green bar) and around 0.0000845-0.0000867 satoshi(second green bar) using laddering technique.
Sellers can look for three potential sell zones 0.0001465-0.0001530 Satoshi(first red bar),0.0001958-0.0002037 Satoshi(Second red bar) with long term target around 0.0002890-0.00003027 Satoshi(Last red bar).
Also, it has been trading above the 200D-SMAs and entered Ichimoku cloud, breaking above it would be strongly bullish for the asset.
Caution: If the last line of support 0.0000749-0.0000708 satoshi (last green bar) is broken down then one should not hold the coin as it would be strongly bearish(sell signal) for the asset.
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