WANBTC trade ideas
Precio mostrando fuerte ventaAcaba de romper un soporte imporante mas no a hecho pullback en confirmar su roptura. Si se buscan cortos habria que esperar por pullback y hacer short hasta el proximo soporte.
Si se buscan long, esperar que esto haya sido un false break, confirmar rompimiento con el inner trendline al alza y despues del pullback buscar posibles long.
WAN/BTC new short term targetWAN/BTC didn't have any respect for the 50 fib target. Looking for a bit of a front running on the 618 fib target, RSI should be close to oversold around that region as well. I think this would be a great opportunity to get into this project if you're looking to buy and hold for a while.
Long @ 6650-6550 sat.
~Laika
Nice support at the 61.8% fib(0.00068240) Wanchain does not have any news catalyst to drive the price higher at the moment but it has some nice support at 61.8% (0.00068240) which created a nice demand zone on a short-term time frame. Looking to get a 25% return on this trade short term will change my mind if the market tells me otherwise. Also if the price does not hold around my buy zone, I will exit the trade and re-look to buy at the 78.6% fib retracement. Open to some feedback. Happy Trading guys!
$WAN Buy Opportunity $WAN
Green area is buy zone for me, all the way down to the 0.618 fib level. Notice the huge green candle outlined in blue? The larger the candle it takes to break a support or resistance level, the stronger that level is. The resistance in that area was very strong, then 5-6 candles later it was immediatly tested as support. IMO this level will hold as support once again.
- Decreasing volume indidcating that sellers are depleting.
- RSI nearing oversold.
- 1st target price is in blue, along with other upper fib levels.
WANmoon?In my opinion 7000 sats is a good entry point for WANcoin. Charts are moving slightly sidewards right now. Wanchain 2.0 will be released "this summer" according to their Telegram. On the roadmap it will be june 2018, but this is not confirmed yet. Wanchain 2.0 will have integration with Ethereum, Multi-Coin Wallet, according to their website.
(not financial advice)
target 1. 8300 sats
target 2. 9200 sats
target 3. 9800 sats
Wan looking to make a decision. Strong buy wall @ 7100 sats.Looks like the bullish falling wedge pattern is trying to form on wan. Reached the 7000-7100 sats support again which is near the 50% fibonacci support line with the RSI rising forming a slighy bullish divergence on the 8 hour. MACD has crossed on the 6 hour and is starting to cross on the 8 hour. selling volume decreased so it seems the support line has been found. Just need some volume to break out. Also looking to form an ABC within a few weeks/months reaching new highs. Plus with all of the possible parnerships and the ICOs announced there will be enough bullish news for another breakout.
Targets:
8500 sats
10000 sats
13500 sats
*UPDATE* WANchain ew COUNT...it's almost time5/15/18 *UPDATE*
- If you've been following my Wanchain charts, you can see it's been moving as expected for the last week or so
- B wave looks to be complete, and C wave may be complete soon, but could dip further as it's hard to ignore the giant head and shoulders pattern playing out currently and BTC looking to make a move
- will look to enter some positions in my buy zone starting at 7500 down to 6500 as I don't expect this beast to dip too much lower than that before we start the next cycle up
- both RSI and Stoch RSI looking neutral to bullish on both 4H and 1D time frames
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*