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WANBTC trade ideas

But no one's looking! WANBTC double bottom?!Recently Wanchain has fallen out of the Top 100 on CMC, some people may never check page 2...not everyone is as saavy as you! (HINT: This is in our favor) On the Daily Time-frame for BINANCE:WANBTC there's a huge bullish engulfing candle with massive volume found inside yellow ellipse. Then we find it retraces back to, holds and bounces from that same close/open...Double Bottom possibility. This entry looks like a dream come true, but will it make dreams come true? Stack IT, Flip IT and Reverse IT
Long
by StakeStack
73
WAN – only 1 condition. 1300% profit possible – long-termHi Traders! Today we have another interesting idea for you to share. One of our followers also asked us to prepare such an analysis. So here is it comes. Technical analysis details : • Since a couple of months, we can observe higher volumes It means one thing – accumulation . • We are very close to the lowest levels in history This makes the price attractive . • Still, no momentum to go up We advise waiting till we cross at least EMA50. • WBM BUY/SELL Indicator – not here yet. Still, there is room for a lower price . This is short term-prediction showing the best time to buy • Weis Waves – The supply is decreasing. All we need is more demand now. • Great long-term potential profit – 1300% • Set your stop-loss at around 0.0000680 or 5-10% below the price your buy So this one single one condition is: We have to break up the last peak and maintain above the level of 0.0000845. Don’t buy below this level . Good luck. This is a good project with active and engaged employees . Recently they delivered Wanchan 3.0 “This launch finalized the cross-chain integration with Bitcoin, bridging the Bitcoin community to the Ethereum community. Wanchain 3.0 also added cross-chain ERC20 tokens including MakerDAO's DAI and MKR and Loopring's LRC.” Thank you for reading and your time . Massive Hugs! Don’t forget to join us at Telegram . WBM Team
by WBM_Team
17
WAN-BTC Long Trade PlanCommodity : WAN CHAIN Trade Type : LONG Trading Against : BITCOIN Entries : Double-UP Entries throughout the Buy Zone Profit Taking : 25% at each TP point Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on Duration - 1-2 weeks Investment in trade : 10% of the total Trading Balance. Prospective Profit : 5.6% to 22.5% Prospective Loss : 3.7% RRR : SL to TP1 is 1.54, SL to TP2 is 2.89, SL to TP3 is 4.32 and SL to TP4 is 6.11 Buy Zone/TPs/SL price points are marked in the chart as follows Greens - Profit Targets (TPs) Blue - Buy Zone (Entries) Red - Stop Loss (SL)
Long
by CryptoTherapist
Wanchain (WANBTC) Bullish Engulfing (Learning)Here is one of the easiest to spot signals when it comes to candlestick reading, as well as a very accurate one. Signals coming from the charts can get invalidated, meaning, you can have a signal that points to a change of trend and later the trend remains the same. For this reason, when trading we always use a stop loss. Here we have what is called a "bullish engulfing" candlestick pattern. This happens when a bullish candle completely covers the bearish candle before it. Marked light blue on the chart, you can see this pattern. The red/bearish candle, and the green/bullish candle which completely covers the bearish one before it. On top of this pattern we also have a nice increase in volume (green volume bar below the last candlestick), as well as a break above EMA10. (Looking for additional signals that support your main signal is always good as your analysis will have more strength). Now, this is the daily time frame, so we have to wait for the daily candle to close before this signal is complete and valid. If you trade based on this formation, your stop loss can be placed right below the low of the bullish candle. Looking back on Wanchain (WANBTC) price action, you can see that volume has been increasing a lot lately, this is another signal that a move up is approaching. Note: This is not a piece of trade advice. This information is shared for learning and entertainment purposes only. All of my trades are clearly marked and contain buy in price range, targets, stop loss and additional details. Hit LIKE if you enjoyed this post. Namaste.
Education
by AlanSantana
8
WAN - Potential Prime Big picture opportunity - 1D Inv H&SHi Everyone, To me it appears that WAN might be forming the head of an inverse head and shoulders on the daily chart. In this case, if you purchase in this range or even if it goes a bit lower, you'll be potentially purchasing at the lowest satoshi value that it will go to if this reversal pattern plays out. Once the head is complete, WAN could make a big move up first, to maybe around 1500 sats - 2200 sats, I'd personally expect to sell between 1500-the upper 1900's in sats before it goes back down and forms the other shoulder to this potential Daily chart inverse head and shoulders. Anyway, please take a look and see what you think! Not intended as financial advice nor is this concerned with a zoomed in day trading picture. Thank you everyone!
by Dawnchorus