Wanusdt
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
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
If you liked my idea, follow me for more.
WANusdt Buy Hello traders!
Wan has formed a bullish engulfing pattern near the support area it means it was the final checkpoint of the bears now Wan is ready to break multiple bearish resistance and will make new highs. The new high will touch the trending line of previous highs. This pattern is also called expanding triangle.
Target at the top will give 70% gains of the investment.
Don't forget to hit the like button and follow to stay connected.
WAN / USD Wanchain (WAN) is forming a bull flag on the 4 hr with the local support established at 1.57
This DeFi project is mid-cap (312k) and just had some great news: Jupiter hard fork is coming April 15th. The news just came out today, so still fresh. The Jupiter hard fork makes Wanchain fully compatible with Ethereum.
Bitcoin keep experiencing correction at the moment, so be careful.
However, I would consider for myself zone around 1.6 a good buying opportunity if support holds.
Happy trading everyone!