WANBTC: flattening outThe falling trend of WAN got slowed down, and currently we can see that the price goes mostly sideways. Considering the huge volume at this area, it is very likely that we have a massive accumulation, which eventually will lead to a significant rise, and at least will serve as a nice support.
Not a financial advice.
WANBTC trade ideas
Wanchain is gaining efforts for coming backBacked by good news about partnering of 2 Wanchain projects, the coin is supposed to return to its previous level in the short terms. Another good point which is good for Wanchain is the upcoming release of 3.0 Alpha Testnet (Bridging Bitcoin -0.51% & Ethereum -0.80% ). This launch will allow any Ethereum-based project to integrate with Bitcoin -0.51% via Wanchain.
Analyzing the bar chart, one can say that support line is at the level of 0.0001200. Whereas the resistance is at o.ooo2oo. At the moment buyers could not break through the strong resistance and dynamic protection for 2000 according to 12345 Elliott waves . Optimally look at purchases from the area of 1700 satoshi. And even better when updating the minimum. It is also possible the formation of a new zone of the buyer, but so far this is not.
The previous example have showed us that if Bitcoin -0.51% market is bullish , altcoins and Wanchain is not the exception from this rule are growing even more in price.
WAN triangle break-outHello!
WAN is breaking up and out of its symmetrical triangle.
I believe that it could be free to see a lot of good price action barring BTC.
We are facing quite a bit of resistance on the way up via the fib levels - we will eventually need to break resistance around 2200 and establish support there.
Anyway, since we have chosen to break up out of this triangle, there could be some nice sats to be made here in the meantime.
Thank you!
Wanchain is gaining efforts for coming back Backed by good news about partnering of 2 Wanchain projects, the coin is supposed to return to its previous level in the short terms. Another good point which is good for Wanchain is the upcoming release of 3.0 Alpha Testnet (Bridging Bitcoin & Ethereum). This launch will allow any Ethereum-based project to integrate with Bitcoin via Wanchain.
Analyzing the bar chart, one can say that support line is at the level of 0.0001200. Whereas the resistance is at o.ooo2oo. At the moment buyers could not break through the strong resistance and dynamic protection for 2000 according to 12345 Elliott waves. Optimally look at purchases from the area of 1700 satoshi. And even better when updating the minimum. It is also possible the formation of a new zone of the buyer, but so far this is not.
The previous example have showed us that if Bitcoin market is bullish, altcoins and Wanchain is not the exception from this rule are growing even more in price.
WAN/BTC - Looking GoodWAN/BTC, MACD weekly will turn bullish in 1-2 Weeks too, KDJ on 2D crossing bullish, RSI wait for cross above purple line (should show more strength above).
Entry: 1317-1500, Targets: TP1 1735, TP2 1950, TP3 2210, TP4 2475, TP5 2820, TP6 3050-3770.
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LONG [WANBTC] Wanchain LONG [500%+ Profits Potential]Buy in: Up to 0.000148
Wanchain (WANBTC) targets by Alan Masters
(0) 0.000172
(1) 0.000204
(2) 0.000233
(3) 0.000263
(4) 0.000305
(5) 0.000359
--
(6) 0.000451
(7) 0.000557
(8) 0.000662
(9) 0.000813
'Targets' is where you sell for profits.
Buy low... PATIENCE... and later sell on target... That's the trick.
Stop loss: Close below 0.00012 on the weekly time frame/candle closes this trade at a loss.
Strategy: Sell on target. Raise stop loss to buy in price once we hit our first target.
THE WINDS OF CHANGE ARE COMING (Aug.25 - 2018)
How has change treated you lately?
Have you been a friend of change?
Change is always present... It can be hard to change but change is good.
When it comes knocking at your door, it isn't asking for permission, it is coming in regardless... What will you do?
Will you lock the door and run away?
Will you face the change with fear and cry thinking everything is going to end?
Will you open the door and say, "Hey, I am ready for the change!".
Yes, that's my answer, because CHANGE IS ALREADY ON ITS WAY!
Namaste.
WAN/BTCRisk : High
Coin: WAN/BTC
Exchange: Binance
Entry Zone: 0.00014 - 0.000145
Target 1 : 0.000155 (10%)
Target 2 : 0.000168 (20%)
Target 3 : 0.000189 (35%)
Stop Loss: 0.000134(5%)
Comments :
Break downtrend channel
Bounce on fib.147
Small stop loss
*Make sure you put a small position, because at the moment the bitcoin is in uncertainty position.