WANBTC: Bottom is in ?
Updated
WANBTC has been in a long downward channel since May.
Reasons for bull:
1. Recently broke down out of channel, on high volume --> capitulation
2. Approaching ICO price, limited downside expected (decent project).
Let's watch for bullish reversal.
Reasons for bull:
1. Recently broke down out of channel, on high volume --> capitulation
2. Approaching ICO price, limited downside expected (decent project).
Let's watch for bullish reversal.
Note
- Bottom indeed confirmed. Accumulating now.- Bullish reversal confirmed after breakout of 2k swing high from September
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