WANCHAIN: PARTNERSHIPS & E-MED PLATFORM - PROFIT = 90.21% !Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 90.21% PROFIT! IN 2 WEEKS!
The increase in price may also be explained by positive developments including:
July 24: Wanchain announces WanLabs, Wanchain’s Blockchain Startup Accelerator.
July 26: Wanchain announces the Wanchain 2.0 Cross-Chain Implementation Model. This outines the following:
-Current Cross-chain Implementation Models
-Wanchain Cross-chain Implementation Model
-Wanchain’s Solutions for the Technical Problems Inherent in Cross-chain
-Functions and Application Scenarios Available in Wanchain 2.0
-Wanchain Cross-chain Development Path
August 2: Wanchain Joins the Token Alliance in Collaboration with the Chamber of Digital Commerce and its Members. The Token Alliance is an initiative of the Chamber of Digital Commerce representing more than 350 blockchain and token experts from around the globe, to develop a comprehensive set of guidelines to help shape the responsible growth of the token marketplace.
August 8: Ledger Nano S adds support for Wanchain.
August 16: Wanchain announces BlockMedX a blockchain E-Prescription Platform built on Wanchain.
August 22: Wanchain announces a new partnership with Kronos, a financial platform that allows the average investor to access elite trading strategies employed by traditional fund managers around the world. Kronos is a valuable partner in Wanchain’s mission to expand and rebuild financial services based on blockchain technology.
It is believed that a surge in volume is driven by the developments listed above and broader recovery in the crypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)
Wan
WAN - H4 - BinanceHello
At your request, today we will review the WAN
With the current light wave, we believe that the WAN is not sufficiently adjusted to be able to enter the uptrend of this price range, but only a weakening effort in the downtrend of its price.
In our opinion, we believe we still have the opportunity to buy WAN at a lower price than the current price. The purchase area will be approximately 1000 sts.
We are expecting a 100% return in this area, but you should pay close attention to the 1827 (80% of profit), as the market trend is easy to sell to create a new downtrend. Remember to set SL for all your transactions offline!
We recommend the following commands:
EP: 1035-1072
TP 1: 1827
TP 2: 2288
TG: 2665
Like and share if you like, feeback for us to get more support. Wish you successful trading!
WANCHAIN - IS IT STILL ALIVE? OR HEADING TOWARDS GRAVE?WAN has been in the continuous long term downtrend since May starting and the price has depreciated by almost 87%.
It has been moving inside the falling wedge for quite some time now.
The price has been continuously getting rejected from the basis line of the Bollinger bands.
The price action is so weak that it is not even able to cross through EMA(12). (See the circles marked with Pink colour)
Now the price is at the lower boundary of the wedge from where it should try to move towards the basis line
of the Bollinger bands or atleast till the EMA(12)
If it does't rebound from here, it should fall to 1200-ish satoshi range. Alternatively, we the price is able to push a little bit up, it can reach upto 2k satoshi easily. In any case, we are possibly near to bottom. Get ready to open up some positions!
I'll keep updating this, as and when required.
P.S: This is not an investment advice. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
ANALYSIS OF WANCHAIN @ BINANCE (WANETH) $WANWAN is still relatively new to the exchanges. Here we see that price action is below its opening candle. This is typical of securities and their IPO, so the parallel action with WAN's initial coin offering is reassuring. The rumors are that there is "Smart Money" behind WAN. The price action reflects just that with the retracement to more than 61.8%. Other rumors include an EOY price ranging from $50-$100. My best advice as an professional Biochemist is to accumulate as much WAN as possible through 2020. This is the stuff millionaires are made of!
WANBTC: What you all think?Hi All,
Its all in the chart.
Don't forget why you got into the crypto sphere.
Only Buy Pull Backs in projects you believe in for the next 5yrs: Long.
Majority of investors are going to sell when break even: Short.
I firmly believe WANBTC will make higher high on it's all time high.
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People...
WanChain vs Bitcoin Upcoming Reversal PotentialSince June,WanChain has been trending downwards within the descending channel. It has lost over 64% to Bitcoin in less than two months. Although today price has bounced off the 227.2% Fibonacci retracement level at 2350 satoshis.
The support has been rejected cleanly suggesting that WAN/BTC could have reached the bottom or very close to it. At the same time the middle trendline of the descending channel has been rejected.
Indeed, this could be the turning point for the WanChain, although far to early to state about that with confidence. The downside momentum is still strong and WAN could fall slighly lower, towards 2130 satoshis before moving up. But only break and close below 2130 level would invalidate bullish scenario.
On the other hand, if price stays above the 2350 satoshis, the correctional wave up could be the case, first strong resistance is seen near 3k satoshis area. If broken, further move up should be expected, towards 3.7k satoshis area. And finally, if 3800 satoshis level is broken, with the daily close above, the uptrend might start, inviting a lot more buyers.
WANBTC: Reversal looks to be ongoingHi All,
Hope all your trades are going well. No Objectivity or Emotions when trading...
There are only three trend which could occur within any market... Uptrend, Downtrend, and Horizontal sideway patterns...
Always have a checklist before entering any trade: Long or Short...
1. The Trade setup 2. The Entry 3. Initial Stop Loss
4. Exit and Trailing Stop 5. Capital size willing to risk
WAN/BITCOIN continues trading in the downtrend channel.
WANBTC attempted to break the channel @ 0.0003399, but was rejected.
It's attempting to break it for the second time 0.0003186, to make lower high.
Hopefully make higher high and high lows for a reversal.
RSI Level: Shows Oversold -40 K & D.
Probability: 60% WANBTC go Higher with a 40% WANBTC go lower.
Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss...
3-5 Bar Declines: it's an indicator to - Buy
3-5 Bar Increase: it's an indicator to - Sell
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me and like this post if it was helpful, and thank you all...
Like the Phoenix we will rise from the ashes...
Happy trading People...
1W Chart
4HR Chart
1D Chart: Trade Idea 2/1 risk Ratio
WANBTC: Let us capitalize on this before its too late.June -3 WANBTC was rejected and since then its been freefalling.
WANBTC has lost 50% of it's value and selling for lower than its market entry price.
AS the Related chart shows: The Retracement period looks to be finish.
Entry - Two days ago. Now, going long on WANBTC.
What the chart shows:
When the cloud is below WANBTC, we are in a bullish scenario.
When the cloud is above WANBTC, we are a bearish scenario.
Currently the cloud is above and is showing bearish market.
Swing Traders:
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level .
Only trade when you see repeated price pattern.
Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me for future charts, like this post if it was helpful, and thank you all.
Happy trading People...
$WAN, Does It End Here..
Daily
Looking at our trend timeframe we see price has remained in an aggressive downtrend, and now looks to be attempting to break out. Stochastic RSI showing momentum is heading towards the downside, however price could be possibly forming a double bottom.
4Hour
Shifting over to our pattern timeframe we can see from previous price action history 3300 is a possible support level. Stochastic RSI showing momentum is heading towards the upside with no signs of slowing down, and price action has just formed a double bottom. A 4hour close above 3380 activates our trade.
Wanchain may have found its bottomFor those who missed out on #Wanchain, we are at all time lows with a good r/r set up. Bollinger bands W-bottom on the 1D with SMI divergence. Might be time to finally pick up some $WAN. Short term targets 4100 sats and 4800 sats. Don't forget to have your stops (3200 sats).