WANBTC trade ideas
WAN will get supportreceive support on 50% fib .. and RSI will be oversold .. looking for a relative big move after ..
Entry : ~6350 sat
T1 : 8000
T2 : 11k
why not ?
WAN to hit 0.00055I'm not professional trader, but i would like to share my thoughts to.
1. We now on down trend.
2. yesterdays news about 6 ICO's on WAN network was virtually with no impact to the price and we further in down trend. 3. Cripto love to retrace a lot. I think if next 4h candle closes below 0.382 we will go down to 0.618 region.
4. This will complete ABC correction.
5. Pin (C) is support from previous uptrend, is support from down trend channel, and below 0.618
I personally will wait till price 0.00055 or so, and start re buying my WAN tokens.
Then here just fantasy. Later i think we will go abit sideways or maybe even lower and then we fill finally meet next cripto bull run. Which should be round of the corner :)
What you think?
WAN to hit 0.00055I'm not professional trader, but i would like to share my thoughts to.
1. We now on down trend.
2. yesterdays news about 6 ICO's on WAN network was virtually with no impact to the price and we further in down trend. 3. Cripto love to retrace a lot. I think if next 4h candle closes below 0.382 we will go down to 0.618 region.
4. This will complete ABC correction.
5. Pin (C) is support from previous uptrend, is support from down trend channel, and below 0.618
I personally will wait till price 0.00055 or so, and start re buying my WAN tokens.
Then here just fantasy. Later i think we will go abit sideways or maybe even lower and then we fill finally meet next cripto bull run. Which should be round of the corner :)
What you think?
WAN/BTC to 0.00055I'm not professional trader, but i would like to share my thoughts to.
1. We now on down trend.
2. yesterdays news about 6 ICO's on WAN network was virtually with no impact to the price and we further in down trend. 3. Cripto love to retrace a lot. I think if next 4h candle closes below 0.382 we will go down to 0.618 region.
4. This will complete ABC correction.
5. Pin (C) is support from previous uptrend, is support from down trend channel, and below 0.618
I personally will wait till price 0.00055 or so, and start re buying my WAN tokens.
Then here just fantasy. Later i think we will go abit sideways or maybe even lower and then we fill finally meet next cripto bull run. Which should be round of the corner :)
What you think?
WAN undecidedWan at a crucial stage.
- Sitting on the .382 (first stop)
- Volume hasn't increased which is a bit worrying
- Indicators arn't showing and real structure
-If it does break the .382 we will most likely see it go to the .618 fib
- For me this is a watch and act. If i can get some bullish structure in price and indicators then i may consider this trade
Don't forget to hit the like button or follow me on Trading View for more chart analysis
Wan set to break 4 4 HR inside bars real soonIf bullish it will likely run for as long as btc lets it.... if bearish it will likely bounce off the 4 hr lower bollinger band or 4 hr 55 ema for a quick profitable flip at the very least
Do you WANna run??Its hard to believe that WAN would be ready to run again, after such a huge tear over the past week, but it seems to have found support on the 0.382 retracement level. The MACD and StochRSI are both calling for action. The buy orders are stacked so deep, it makes me wonder about manipulation. But, this is a very strong project, with a huge vision, and its hardly been around long enough to find a true price to settle at. Who knows, it may WANna run again. I'll be watching. If it does take flight, we can see the first run as a wave 1, and wave 3 will hit at least a 1-1 extension, which is around 0.001100. Im not convinced that this is the case, i think we need to correct a little further, but this is crypto baby, expect the unexpected! good luck
WanchainBigger head and shoulder top, in my previous chart I saw a small head and shoulder pattern but this is a big one.
anotherWAN ---> Wyckoff reversal alot of exiting stuff is coming for wanchain - dont belive the hype dyor and enjoy the ride
upcoming event : twitter.com
The first 6 dapps on the wide area network are coming :)
educational : stockcharts.com
Wabi head and shoulder (sell the news) Wabi formed a head and shoulder, currently setting up for a retest over the neckline support.
Not even going to go into details on charting this oneWAN is a monster. It's in a clear uptrend right now. Fundamentally. this is blowing past a billion dollar market cap and will have an extraordinary year for many reasons:
- It's use cases are going to give it mass adoption
- It's part of an alliance with two other companies that will complement each other effectively:
1. AION/BTC; www.tradingview.com
2. ICX/BTC; www.tradingview.com
- It's an infrastructure project where other companies can build off their own ico's/protocols on the platform. If you're new to crypto, look at ETH/BTC for historical reference.
- It's yet to tap into the full South Korean market. A good chunk of South Korean population has already dived into crypto and will continue to grow
(reference article: www.cryptoambit.com )
- it's only on two exchanges and already has a 600m+ market cap. Wait until it hit's bithumb and upbit, where there's direct fiat pairs available. For a reference to to the volume that occurs when this happens, refer to STORM token at the end of March (Link: www.tradingview.com)
- It's already got a solid and growing cult following on social media. HODL gang strong.
Just sit and enjoy the ride. No need to dive deep into the technicals for this one other than for accumulation.
WANBTC Mind The Reversal Obvious Head and Shoulders Reversal pattern close to fruition. Be mindful. If it is completed, then drawback to original trend.
WAN wavesPossible progress of WAN. I think that a correction will be end about a beginning of 5 wave because 5 wave was longer then others, also we can see hidden bullish diver, that says we will go up, but I think it is not the end of a correction, but it is just only idea =)
Time to sell is upon usThe volume has dropped almost 50% from its highest trading volume point. In addition we have to remember that on this run up, all that buying pressure wasn't purely to hold. We can expect some profit taking as well to the fib levels. There will likely be one last bull trap, where new community members get minted before heading down. WAN still has to find it's true supports, as it hasn't spent much time consolidating and accumulating yet. To expect a 100% run up as we saw, without a retracement would be naive. 58k sats is a high potential area for a rebuy in the next few weeks. Every coin that goes up, comes down. WAN will be no different as traders take profit
WAN/BTC Bull Market is end ?The parabola is broken, I think that we're going to have a bull trap in the Reload sell zone (61.8-78.6%). The top has been found.
