Wancoin is tankinggiven the $waneth 1h chart i would consider making an entry at the highlighted zone. great R/R
Wancoin
WAN and their projects can make over 60%Wanchain is a distributed ledger that records cross-chain and intra-chain transactions. The ledger not only supports smart contracts but also supports privacy protection.
Their roadmap is following and looks pretty good:
2018 / 06
Wanchain 2.0 (Integration with Ethereum, Multi-Coin Wallet)
2018 / 12
Wanchain 3.0 (Integration with Bitcoin, Multi-Coin Wallet)
2019 / 12
Wanchain 4.0 (Integration with Private Chains, Multi-Coin Wallet)
From the TA, it looks also very good and has made a little correction. The correction was inevitable to go further. This coin is only a middle term. If you think it is still overbought, just wait and go in later. But it can also be too late.
The team is currently publishing their projects. This is why it can go much further. This is only the beginning of this coin.
Enter:
0.00068-0.00069
Sell:
1. 0.00078
2. 0.00082
3. 0.00100
4. 0.00120
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Wan set to break 4 4 HR inside bars real soonIf bullish it will likely run for as long as btc lets it.... if bearish it will likely bounce off the 4 hr lower bollinger band or 4 hr 55 ema for a quick profitable flip at the very least
WAN Short Term Trade Idea Risk Reward 1:2 Have a Look at the BUY Zone, a Short Term BUY Entry can be considered. Not a Financial Advice. DYOR
WAN/BTC 4HR WAN has seemed to have run out of steam. As you can see RSI is showing Bearish Divergence, Volume is starting to wind down and we have multiple FAILED attempts to break that resistance level.
Here's a Fib Retrace on the 1 hr with some Support/Resistance levels slapped on.
I plan on scaling back in sometime next week.
Happy Trading!!!
Pennant - Short Term TargetThe concept behind the flag and pennant patterns is that the momentum seen during the flag pole phase could continue once the pattern completes. Therefore, measure the size of the flag pole, then add that length to the bottom of the flag/pennant for bullish patterns.
Lets see how does WAN respect TA :)
Sell price target: 0.00059782
TBH, I wouldn't be surprised to see another flag or pennant on the above level.
- Prepare some popcorn, I hope to have some fun here finally!
WAN/BTC C&H 4hrI moved into WAN yesterday and have been waiting for a little breakout.
It looks to be forming a cup and handle on the 4hr and on the 1hr we have a nice little break above the EMA's.
I'm expecting more volume to pick up this evening.
Those 2 resistance points are my target profit zones.
