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Wancoin

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.
Long
by GMXCrypto
3
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)
by CryptoTradeSignals
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...
by letsgetit
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
by letsgetit
5
Wancoin (WAN) Trade on Binance (100% Profits Potential)Wancoin (WAN) started a month long rally on early April, reached its climax at the beginning of May and later shook off all gains to finally reach "bottom". Looking at the chart today, if WAN holds above the 5300 satoshis level, another run can start and good profits realized. With several major events coming up for Wancoin (WAN), we can expect another move in the next 2-3 weeks. We are going for very low risk, and very high rewards... Wancoin (WAN) upcoming events: -> Wanchain 2.0 - 30 June. -> Mainnet celebration - 7 July. Wancoin / Wanchain (WAN) Trade by Alan Masters TRADE INSTRUCTIONS Buy up: Up to 0.0005800 Wancoin Targets: (1) 0.000609 (2) 0.000657 (3) 0.000737 (4) 0.000802 (5) 0.000866 (6) 0.000958 (7) 0.001075 (8) 0.001204 Stop loss: 0.0004750 Note: If WAN goes down lower before going up the possibilities are really high that it will bounce back up strong fast, for this reason the stop loss is optional for this trade. Patience is key. Capital allocation: 5%. Time frame: 1-3 weeks. Note: Time frame is the expected time necessary for this trade to develop. This is not exact and can change according to market conditions. Use it as reference. Trade strategy: Aim for at least 20-30%+ profits. Namaste.
Long
by AlanSantana
11
Wanchain in an Ascending Triangle Breakout Pattern.Hey, I am back with another Technical Analysis this time looking again at Wanchain . Last time my Analysis on Wanchain has seen almost instant breakout. Wanchain is creating new distributed financial infrastructure. Cross-chain smart contracts built on Wanchain will power the new digital economy That was about Wanchain in short, lets take a look at chart Ascending Triangle has occured, simple.. not much to say other that than. What does Indicators show? RSI - Wanchain is climbing above the bullish Level, needs to stay above to stay bullish. MACD - there were few sellers compared to buyers, currently looks like sellers are leaving and buyers are coming, abou to give buy signal. So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my discord channel! Hope I made your view on whats going on with Wanchain somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
by TiborVrbovsky
WAN Trends in Elliot Waves [WAN/BTC]I really dislike how the corrective waves are- but we are rolling with it. I have mapped out a plan for all the given situations on the chart. Potential b leg on a corrective wave opportunity due to a bounce on the trendline, ema and RSI levels support this play. Could be a really good pick up for a longer hold if the formation doesn't break down. There is the chance it retraces higher (top of channel region) past the resistance target I have set due to how the previous corrective wave met the top of the channel. This is setting up really nice on the 4hour for a knife catch. This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. If you liked this short post, be sure to follow and like. It really helps out :D ~Xander
by XanderCrypto
6
WAN/BTC Rising Wedge 4hrRSI has been showing Bearish Divergence and is more noticeable on the 30 minute chart. That being said, WAN has been performing great but I feel like it's due for a slight pull back and pause to consolidate and form a good base. The last thing we want it to do is go parabolic which will make the price just fall harder, which is honestly not a bad thing if you 100% believe in the project like I do. It just means we can accumulate more. However, due to the popularity of the project there is always the possibility that it may defy the technicals and continue higher. This chart plays out to May 1st which is only a few days away. Let's see how it goes, remember, patience is key to being successful as a trader and/or investor.
Short
by tired_man_willis
2
WAN - Wanchain In Pennant Breakout Pattern.Hey, I am back with Another Trade Idea. This time Looking at Wanchain. I was looking coinmarketcap and found that Wanchain havent seen any major price movement in past 7 days. Wanchain is currently at rank 34 with not that high marketcap. Taking look at the chart there is Pennant that is being formed that can lead to breakout, the breakout often happens at end axis. Indicators MACD is about to cross, very low sellers that will lead to arrival of buyers. RSI needs to cross at least 55 to became bullish. Volume is getting still lower, which is like calm before the storm. Hope I made your view on whats going on with Wanchain somehow clearer. If you like this TA let me know in the comments, Likes are aprreciated, Thanks ! If this gets a little bit of attention, I will update!
by TiborVrbovsky
9