Wanchainbtc
Wanchain vs Bitcoin - WAN Price RoadmapHello traders, today we disect Wanchain based upon Supply/Demand levels.
Traders can expect a break up if market is bullish. A break & re-test of our local supply would be a good buy entry for WAN.
The levels of interest are marked for Wanchain.
- Buy zones are to be considered if they are reached as they once reacted as Demand Zones.
- Resistance Area being our 0.382 Fib Level @ 2000 sats.
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WAN trying to breakoutWAN has pierced through resistance and is looking primed to get back on its horse to move up to the next supply zone.
EMAs do seem to be turning up as the fast-moving is curling higher about to crossover bullish. We could see a pullback into these EMAs as support before making another push higher.
This would be the ideal place for an entry, on a pullback into support. If we do break down lower than the demand zones below would be the next targets.
Thanks guys!
LONG [WANBTC] Wanchain LONG [500%+ Profits Potential]Buy in: Up to 0.000148
Wanchain (WANBTC) targets by Alan Masters
(0) 0.000172
(1) 0.000204
(2) 0.000233
(3) 0.000263
(4) 0.000305
(5) 0.000359
--
(6) 0.000451
(7) 0.000557
(8) 0.000662
(9) 0.000813
'Targets' is where you sell for profits.
Buy low... PATIENCE... and later sell on target... That's the trick.
Stop loss: Close below 0.00012 on the weekly time frame/candle closes this trade at a loss.
Strategy: Sell on target. Raise stop loss to buy in price once we hit our first target.
THE WINDS OF CHANGE ARE COMING (Aug.25 - 2018)
How has change treated you lately?
Have you been a friend of change?
Change is always present... It can be hard to change but change is good.
When it comes knocking at your door, it isn't asking for permission, it is coming in regardless... What will you do?
Will you lock the door and run away?
Will you face the change with fear and cry thinking everything is going to end?
Will you open the door and say, "Hey, I am ready for the change!".
Yes, that's my answer, because CHANGE IS ALREADY ON ITS WAY!
Namaste.
Wanchain Symmetrical Triangle. Possible Breakout Incoming!The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows
Trend: In order to qualify as a continuation pattern, an established trend should exist. The trend should be at least a few months old and the symmetrical triangle marks a consolidation period before continuing after the breakout.
Reading : We are in uptrend
Four (4) Points: At least 2 points are required to form a trend line and 2 trend lines are required to form a symmetrical triangle
Reading : Check
Volume: As the symmetrical triangle extends and the trading range contracts, volume should start to diminish. This refers to the quiet before the storm, or the tightening consolidation before the breakout.
Reading : Volume is diminishing
Symmetrical Triangles are continuation of an uptrend. But we have to be careful and if the breaks down from the triangle we should consider selling our position to buy back lower.
[WANBTC] Wanchain Long Trade [130% up to 500% Profits Potential]Wanchain (WANBTC) is looking just like Walton (WTC) when it comes to the charts. A huge retrace followed by some really strong bullish action.
Now, we've seen failed breakout (fakeouts) attempts in the past (marked with a yellow square on the chart), these only lasted a few days and had no volume to back them up. Volume is now backing us yet we still need a little bit more time before we have a full reversal confirmation. But too many signals are telling us that this might be it... Let's take a look at those.
First the daily chart:
Charts, signals and indicators
- Broke and close above EMA10 (blue line). Today's candle is really strong with good volume.
- Wanchain has been going down since May and finally stopped when we broke the downtrend channel a few days back, which is marked red on the chart.
- You can easily spot the bullish divergence on the MACD (first indicator below the main chart).
- You can easily see how the RSI and STOCH (last two indicators respectively) are trending up. The RSI bounced from oversold and is now sitting at 48, it needs more but this level hasn't been touched since early May.
The weekly chart:
- The weekly chart is also very telling. Self explanatory by the way.
- Notice the volume. Only when WANBTC was going up we had the volume we are seeing now on the weekly time frame.
- Not enough data for our indicators, but they are sitting at the bottom and showing plenty of room available for growth.
- Now, let's move on...
Wanchain (WAN) upcoming events
31 December 2018 (or earlier) Wanchain 3.0.
Wanchain 3.0 - Integration with Bitcoin, Multi-Coin Wallet.
Wanchain (WANBTC) targets by Alan Masters
(1) 0.000204
(2) 0.000233
(3) 0.000263
(4) 0.000305
(5) 0.000359
--
(6) 0.000451
(7) 0.000557
(8) 0.000662
(9) 0.000813
'Targets' is where you sell for profits.
Buy low... PATIENCE... and later sell on target... That's the trick.
Stop loss: Close below 0.00012 on the weekly time frame/candle closes this trade at a loss. When we start to hit our targets, you can ignore the stop loss.
THE WINDS OF CHANGE ARE COMING
How has change treated you lately?
Have you been a friend of change?
Change is always present... It can be hard to change but change is good.
When it comes knocking at your door, it isn't asking for permission, it is coming in regardless... What will you do?
Will you lock the door and run away?
Will you face the change with fear and cry thinking everything is going to end?
Will you open the door and say, "Hey, I am ready for the change!".
Yes, that's my answer, because CHANGE IS ALREADY ON ITS WAY!
Namaste.