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Wanusdt

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
by Cryptonite_trader
2
Wanchain Can WANUSD go lower? (Wave5) Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
BINANCE:WANUSD
by CryptoTrend-Alerts
WANUSDT formed bullish Shark | Upto 24% expectedFrom mid of the Jan up till 4th feb 2020 the price action of Wanchain took upto 120% bullish move and after hitting $0.3659 we can see some correction waves and these correction moves 1st formed a bullish Butterfly pattern and then another harmonic bullish Shark pattern. The price action has already hit the spike between 0.886 to 1.13 Fibonacci and completed the last leg of this Shark. The Dimensions Of The Pattern: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.618 Fibonacci and then B to C leg is projected between 1.13 to 1.618 of A to B leg's Fibonacci projection and final (C to D) leg is retraced between 0.886 to 1.13 Fibonacci as required for perfect perfect bullish Shark and now we are entered in potential reversal zone of this bullish Shark pattern, now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of C to D leg and this should be our potential sell zone. The Bearish Signals Are Pulling Back The Priceline In PRZ Level: Even though after hitting the spike in potential reversal zone the price action has already projected in sell zone but the indicators are still strong bearish and the priceline is likely to make another bearish move to enter in this PRZ area which will be another chance to take the long position from here. The moving average conversion divergence is turned strong bearish and stochastic has given bear cross from the overbought zone and these signals will lead the price action to hit the potential reversal zone again. The most optimistic bullish signal we have is a simple moving average with time period of 100 is already in the potential reversal zone to provide a strong support to price action to have a bullish bounce from here and hit the sell zone soon. Buying And Sell Targets: As per Fibonacci sequence method we can set our targets as below: Buy between: $0.2711 to $0.2555 Sell between: $0.2854 to $0.3173 So this very short term 4 hour based chart trade can produce upto 24% profit. Stop Loss: The potential reversal zone area which is up to $0.3173 can be used as stop loss or we can also use 100 simple moving average for this purpose in case of complete candle sticks closes below this level. I will be keep posting more potential trading ideas for educational purpose on different assets as soon as will receive any trading signals.
Long
by moon333
WANUSDT forming a bullish BAT | Upto 21% long opportunityPriceline of Wanchain / Tether US cryptocurrency is forming bullish BAT pattern and soon it will be entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders at PRZ level but MACD is strong bearish and Stochastic is in bear cross so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy from the potential reversal zone. I have used Fibonacci sequence to set the targets: Buy between: 0.2008 to 0.1948 Sell between: 0.2147 to 0.2358 Regards, Atif Akbar (moon333)
Long
by moon333
WANUSD formed a bullish gartley | Upto 94% expectedOn 2 day chart priceline of Wanchain / US Dollar has formed a bullish gartley and entered in potential reversal zone. I would suggest to use the PRZ area as stop loss coz the A to B leg is retrace almost upto 0.786 fibonacci and in case of breakdown the potential reversal zone the D leg can move between 1.27 to 1.618 Fibonacci to form a bullish butterfly. I have set the targets using Fibonacci sequence: Buy between: 0.35480404 to 0.28240287 Sell between: 0.41163390 to 0.54830756 Regards, Atif Akbar (moon333)
BINANCE:WANUSDLong
by moon333