WAN trying to breakoutWAN has pierced through resistance and is looking primed to get back on its horse to move up to the next supply zone.
EMAs do seem to be turning up as the fast-moving is curling higher about to crossover bullish. We could see a pullback into these EMAs as support before making another push higher.
This would be the ideal place for an entry, on a pullback into support. If we do break down lower than the demand zones below would be the next targets.
Thanks guys!
WANBTC trade ideas
[WAN/BTC] WANCHAIN BOTTOM COULD BE THERE [ POT 20-100% PROFIT]#WAN / BTC ( Binance )
Buy Range : 0.0001550-1650
Stop loss : Below 0.0001400 ( Short-term ) , Not recommend ( Long-Term Traders )
Target 1 : 0.0001979
Target 2 : 0.0002337
Target 3 : 0.0003204
WEEKLY CHART :
- No new lows on price action
- RSI pointing up , making new higher low/high
- CCI next to turn into green cycle
- Stoch RSI looks so good
- MACD performing very good
DAILY CHART :
- Clear Breakout of the Daily Triangle to the upside
- Good Volume Spike behind
- Supported By Ema20/Ma50
- Ichimoku cloud breakout and closing above it
- RSI, MACD and CCI going to the upside
- Bottom Candle Spotted
CONCLUSION :
WAN has stopped its falling on August where it seems bottom has been found. Im expecting very good profits on long-term for this coin and ill probably check my targets for new ones when these got reached.
On the short-term bullish actions is showed but market still lacks of volume proper of Waves 1 after massive dump.
I consider a very good moment to invest if you are able to.
Good luck
Accumulation phase for WANCHAIN possible 50-100% jumpWANCHAIN
THE WORLD'S FIRST AND ONLY INTEROPERABLE BLOCKCHAIN
WITH SECURE MULTI-PARTY COMPUTING.
Wan has been hanging out for over 70 days in consolidation phase and forming possible triagle, which will be break eventualy.
Accumulate some Wanchain and let it ride......
WANCHAIN has big news ahead.
1) Before end of december they announce WANCHAIN 3.0 integration with bitcoin , multicoin wallet
2) WAN cross swap feature
3) Wanchain release 4.0 private chains
Stoploss : Individual
Possible targets
1800-2000 sats , 2500-2800 sats, 3200-3500 sats
Happy trading
Maybe time if you WAN 2 investWanchain has been in consolidation for a couple of weeks. With other alts beginning to rise it may be time to look at WAN. B-bands are as tight as they have been in sometime, the R/R is pretty good with a lot of resistance below. I have a bag already so I am watching with interest. The potential for an even greater gain is there provided that BTC keeps going sideways.
This is my opinion of what I see on the chart and in no way should be taken as financial advice. I admit that my optimism may be influenced by the fact that I hold WAN. There are other opinions about this chart which I encourage you to explore.
WANCHAIN 100% + Growth PotentialWan has been under heavy accumulation for 3 months and is at the apex of it's triangle with strong bullish signals in OBV, RSI, and a cloud break. In addition Jack Lu will be a keynote speaker at the Bitcoin Convention on Oct 28th representing WAN. Extremely low market cap and these small gems are where the big gains are made. One of the only coins yet to pump and it is ready to run within 24-48 hours.
Not financial advice. Just an opinion