WAN / BTC - Possible Cup and Handle formation#Wan / BTC
- Possible Cup and Handle formation in Wan vs BTC . Not perfect one
- Price action still looking good even with a drop in the movement. However, we should be looking bitcoin doesn't drop below 8900$ because it could be throwing this trade.
- Most indicators still looking good for a continuation bullish price action
- I find two important stop losses. Classic point on the lowest price of the handle or a very tight point, Daily EMA20 + last base candle. According to your trading style, you will need to update it or not.
Good luck
Remember use correctly your bank , develop and decide each investiment for yourself, that's my own trade.
Wan
WAN/BTC in a classic Bullish run
WAN broke out of the bearish triangle upward, but retraced to turn the dynamic resistance trendline into a dynamic support trendline. Now all that's left is for an upward bull run, the length of the triangle base....
Depending on trend momentum, the bull run may complete in days or weeks, or maybe months...
Entry is 0.00002890btc
Exit is 0.00005915 btc
stop loss: 0.00002047 btc
WANBTC Short Term Scalping for 15-20%#WANBTC Short term Scalping Trade:-
Entry:- CMP ( Current Market Price ( 2200 Satoshi)
Target: 2742/3163 Satoshi
Stop Loss:- 2066 Satoshi
Guys Must Keep in mind place Stop loss for safe zone.
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#WAN — Another chinese project you need to pay attention#WAN — Another Chinese project you need to pay attention 👀
Here are some notable releases you can look forward to over the coming weeks & months:
- STO platform
- 2-way bridges
- Cross-chain lending and borrowing
- Crypto payments ( WBTC, WETH, WEOS, $WAN)
- P1. Decentralization for $EOS, $ETH, & $BTC cross-chain nodes
Wanchain Price above Ichimoku Cloud | Bullish Very good coin and price made above the ichimoku cloud and taking support.
if daily candle close above ichimoku cloud and 100 EMA with good volume than we can see really good surge in price.
for investing this is best option with Stop below ichimoku cloud after daily close above 100 EMA .
it's not time to Hodl The wan/btc Wanchain Invisting For LongIt is not the right moment to carry this coin, I think it will take a long time to get another LB
Using the Elliott wave we are in big ABC wave.and we are in the last one the 5th.
In my opinion, the last wave in the letter "C" in red indicated it was the last five wave
This wave will be a ENDING diagonal WITH 3 waves inside (3-3-3-3-3)
i think we have finished the 1st wane and we are the 3rd.waiting for a correction for the 4th befor go down for the lasy one.
I hope this small analysis helps you make the right decision.see you after months to update this chart :)
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Wanchain Bottomed OutWanchain (WANBTC) is trading near all-time lows and can easily start to climb back up.
We've seen many altcoins with a similar chart that are now producing strong gains.
Remember to always have a plan/strategy if you decide to trade.
The low at 0.00001779 can be used as a stop-loss.
Thanks a lot for reading.
Namaste.
WANBTCLooking at WAN on the 4h chart
* Price currently in the buy zone
* Price sitting towards the POC
* Big hole in VPVR which suggests that price needs to go up to fill in the hole (over time)
* OBV very healthy and people have been accumulating
* Histogram is still in divergence
* Willy is kind of in no mans land
* RSI is over sold
Looking at WAN trading sideways for half a year shows me that people have been accumulating this asset, OBV also shows me that money has been coming in and people have been accumulating, VPVR shows me that price wants to go higher and fill in the big hole we have up top.
Remember not to blow yourselves up on any one trade. My moto is "I plan my trade and trade my plan"
LONG - WAN - Trading OpportunityBINANCE:WANBTC has finally managed to break above the MA50 on the 4h chart after a lot of previous failed attempts, hoping for continuation.
Entry: 0.00001926
Target 1: 0.00002097
Target 2: 0.00002284
SL: 0.00001857
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WAN ANALYSIS: WAIT FOR BREAKDOWN OF WEDGE!WAN ANALYSIS:
WAN is retracing back towards support inside of a falling wedge. WAN is sitting at a temporary support that has been expecting a bounce, but since broken below the 200MA. This signals a short term bearish trend that I expect to have a final leg down to hit closer to the green support box. I recommend to stagger long bids inside this zone. ATR is neutral at this time, while RSI sits just below neutral. Therefore indicators on the daily show I could go either way. If we do not see the drop today, its possible wan does break UP and OUT of the wedge towards T1 at 2602 sats. Following this T2 hits at 2814 sats and T3 at 3024 sats. If WAN does break out of there wedge before support is hit, we can open a new long on the breakout. Otherwise, wait for support and ideal entry.
Possible Entries: 2100-2275 sats
$WAN, Breaking from descending channel w/ UCTS Buy signal$WAN
Breaking from descending channel w/ UCTS Buy signal on the 12H
Volume spiked breaking from descending trendline
Currently retesting ~2900 sats resistance level (facing some rejection)..
Looking for a potential break above it (R/S flip as entry) as continuation..
#WAN
LONG - WANBTC- Trading OpportunityBreakout and consolidation above the cloud, looking like continuation is on the cards.
Entry: 0.00002614
Target 1: 0.00002781
Target 2: 0.00002917
Target 3: 0.00003066
SL: 0.00002452
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgment sums (including interest thereon).