WANBTC trade ideas
WANBTC Short Term Scalping for 15-20%#WANBTC Short term Scalping Trade:-
Entry:- CMP ( Current Market Price ( 2200 Satoshi)
Target: 2742/3163 Satoshi
Stop Loss:- 2066 Satoshi
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WANBTC | Volatility Contraction | Trade Setup Today’s Chart- WANBTC – trading in a poll attempting to breakthrough local resistance
Points to consider:
- Below average volume
- Volatility contraction
- RSI bearish divergence
- Failed breakout attempt
WANBTC currently putting in a weak retest of local resistance after a recent failed breakout attempt
Volume is clearly declining and remaining below average, this is usually an indication of an influx being imminent
Volatility has also contracted with multiple inside bars indicative of an impending breakout
The RSI has a valid bearish divergence, a sign that the local trend is weak
Overall, in my opinion, WANBTC is likely to retrace to the 100 EMA or local support where a long position may be opened and added to as we verify a successful S/R flip above local resistance with a target of .618 Fibonacci retracement also in confluence with structural resistance.
#WAN — Another chinese project you need to pay attention#WAN — Another Chinese project you need to pay attention 👀
Here are some notable releases you can look forward to over the coming weeks & months:
- STO platform
- 2-way bridges
- Cross-chain lending and borrowing
- Crypto payments ( WBTC, WETH, WEOS, $WAN)
- P1. Decentralization for $EOS, $ETH, & $BTC cross-chain nodes
WAN / BTC DAILT, GEARING UP FOR GREEN RIHNO PARTY! (SHORT EDIT)Wanchain looks gearing up for some party!
On 4 hour trading above all EMA's & MA's! Also tries to conquer the 100 EMA if it happens only big thing is the 200 EMA! If we conquer that I Believe big rally is incoming! Why? Well, it's a small cap coin and big project updates this year! So be ready! Also on the ede of channel to breakout good thing! For fun some targets for you guys!
Keep an eye on Wanchain, gearing up!
Wanchain Price above Ichimoku Cloud | Bullish Very good coin and price made above the ichimoku cloud and taking support.
if daily candle close above ichimoku cloud and 100 EMA with good volume than we can see really good surge in price.
for investing this is best option with Stop below ichimoku cloud after daily close above 100 EMA .
it's not time to Hodl The wan/btc Wanchain Invisting For LongIt is not the right moment to carry this coin, I think it will take a long time to get another LB
Using the Elliott wave we are in big ABC wave.and we are in the last one the 5th.
In my opinion, the last wave in the letter "C" in red indicated it was the last five wave
This wave will be a ENDING diagonal WITH 3 waves inside (3-3-3-3-3)
i think we have finished the 1st wane and we are the 3rd.waiting for a correction for the 4th befor go down for the lasy one.
I hope this small analysis helps you make the right decision.see you after months to update this chart :)
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#WAN/BTC Setup Possible 30% potential profitWelcome to my 24th altcoin setup.
Out of My 23 altcoin setups 2 coins stopped out in 5% loss and others were highly profitable.
Examples:
My previous altcoin setups have played amazingly, like DREP 15 sats to 57 sats : 280%
THETA: 1100 sats to 6400 sats : 480%
RVN, MATIC, CELR OVER 100%.. and many more.
Trading all of these signals perfectly.
Reason is following DOMINANCE for which I always keep you updated and getting into the right alts at the right time.
In this chart you can see WAN had a good run up lately. This is a retracement and we will soon see an upward rally as as soon as we break above that 50D MA.
The green box is the buy area : 1850 to 1930 with stop loss at 1735.
TARGET: 30%+
Time interval: 1 week to 5 weeks.
For more altcoin setups and BTC regular updates stay tuned and follow me.
Please hit the like button. It supports me to work more efficiently.
Stay safe
#PEACE
WAN/BTC 1D (Binance) Descending channels about to crossTA: Wanchain is facing one parallel channel support (pink) and the other on resistance, I'm expecting a breakout of the big one (beige).
FA: WAN is also a staking coin with high APR (+5-6% at least) and releasing DApp services as mentioned in their 2020 roadmap.
Current Price= 0.00001845
Buy Entry= 0.00001850 - 0.00001676
Take Profit= 0.00002197 | 0.00002629 | 0.00003324
Stop Loss= 0.00001329
Risk/Reward= 1:1 | 1:2 | 1:3.6
Expected Profit= 24.62% | 49.12% | 88.54%
Possible Loss= -24.62%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 1080h
Obi WAN Kenobi - Time to move?Self-explanatory chart here on WANBTC
EMA's are starting convergence and will soon cluster, acting as a nice support base for WAN to sit before a potential move to the upside.
We still have this 200ma acting as resistance, but so far from our original entry at 1684 sats, we're having another go at a kumo edge to edge.
This would be a medium term hold, so not concerned about any minor moves to the downside and that currency MA cluster as I'm seeing that as a good level of support.
Time will tell!