Wan
WAN - Future Projection SeriesIf you’ve read any of my previous “Future Projection” posts, skip down to the conclusion as these paragraphs are the same.
During the downturns in the market I spent time learning more about utilizing the charting functions in TradingView. I also watch a lot of youtube vids about crypto and charting concepts. I came across a good chunk of info on using the “log” function and what it could possible show me.
At this point in the crypto cycle, even though I feel we are nearing a parabolic stage, it is beyond the point to expect 50X or more from me or any basic Joe who “dabbles” in crypto investing. Think long term. What can I realistically (if that even exists in Crypto) expect a coin to perform in the next bull run. Well the log function gives me a level playing field to do just that.
Using the log function, I utilize a common start date as the beginning of my parallel channel. That date is the big drop Mar/20. The parallel channel runs from the bottom of the Mar/20 drop forward in time along the bottom dips. The top of the channel is the highpoint in the cycle.
The first future projection is created using the green trend lines, the first from the top of the cycle peak to the bottom, and another from that lowest point up forward in time to what I estimate as the timeframe for top cycle which approximates end of Q4, and my birthday Jan/7 so thats the future date for all graphs in this series.
The second future projection takes ratio’d growth into consideration. This is done using the blue trend line which starts at the first peak after the Mar/20 drop, using the top of arcs as the guidance. I carry this line forward to Jan/7.
Conclusion; At the time I drew this one the price was $.87
First Projection $7.77
208 / .87 = 9 X
Second Projection $22.52
493 / .87 = 25.8 X
Now for a regular old fellow such as myself, a 9 to maybe 25 X on my money within the next few months is a good investment. It literally involves 2 trades. Timing is not a great big deal as long as you get in near .87 otherwise the X factors changes a lot. Timing to get out is the top of the curve. This is a day time factor. It’ll be “at the top” for days or a week. You’re not chasing a pump or a knife here, its a month(s) trade. Or a parabolic week so watch close.
I’ve done this for a lot of coins now and the results are sometimes very interesting in that, a popular coin just doesn’t have the numbers or that it really has good numbers. I found as an average I like results in the 5 or above range for the first projection and 15 or above for the second projection. If I utilize this investment concept and choose coins with similar numbers I can reasonably expect a 10-15 X overall. I’ll post a few others I find interesting for this bull run in the coming posts.
My thoughts, not advice Oklah. Cheers
WANCHAIN IS READY, LONG.Wanchain is ready to bounce for the long term goal: $10. Look at this beauty. I love this chart.
Wanchain bridges keep getting better, you can now bridge AVAX.
$MOVR farming pair added.
An article about the L2L2 direct bridges of Wanchain has been published
Zookeeper, NFT crafting(two identical NFTs can now be crafted into one NFT with better boost rates) and minting NFTs(new NFT market)
Not financial advice.
-Emrys
WANUSD - 1W - Can WAN hold the channel WAN (Wanchain) seems to be growing into the blue channel since the covid crash (feb/mars 2020)
This weekly close will be really important !!
I'd like to see this closing above the blue channel and above the green box at 0.60$ approx.
The green box was a huge resistance during the bear market and it seems important to me to keep it.
If we close under the blue channel, there are high chances for going lower around 0,30/0,40
Wait for the weekly candle to close and even the monthly one.
Of course this is not only depending on WAN but also on BTC.
WAN$WAN breakout 0.50 cents low risk and upward exit
Falling below the red marker zone and failure to maintain the zone of the lower band of the diamond equals to looking for support on the fibo at 0.4500
holding the 0.618fib (orange)
will test the higher zone for an upward breakout
Bitcoin needs to help with this, on it chart above
VC indicator, voluemn shows that the consolidation is moving towards increased volume.
On the daily chart we have the Evening Star, so this is a difficult pattern to beat which is why I see a diamond formation there with a 50/50 breakout
I have set levels to make it easier to discern the trend.
Wanchain | Be Greedy When Others Are Fearful +500-700% PotentialWe have a strong volume breakout today and Wanchain (WANBTC) is waking up from its low... A higher low at that.
This is a long-term chart... It can take months to fully develop but the projection is very clear.
After a new ATL (All-Time Low), WANBTC went ahead to print 444% bullish wave.
Then, prices entered the correction mode and everything went red.
Today, we are having signals of the correction being over, we end up with a higher low...
Higher lows tend to lead to higher high and so the bullish potential also grows.
We are looking at 500% or even up to 700% in the months to come.
This is not financial advice.
Thanks a lot for your continued support.
Namaste.
WAN/BTCWanchain is a decentralised blockchain interoperability solution provider and they are working hard and having many upgrades ahead. Technically WAN on horizontal support on 1D timeframe and looking good. Buy now for quick gain in short term.
Targets: 1850-2000-2400-2700
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