WANUSD trade ideas
WANCHAIN/USDT - 3800% RUNNice consolidation happening now at the bottom of the cup. Looking for a 3800% run once we break.
Safe trading all
NOT FINACIAL ADVICE
WAN Short Term IdeaSharing the chart for Wanchain , looks to be nearing the end of its accumulation. Expecting a new higher high once the momentum oscillator turns, which could start this off.
This is an EVM L1, with a DeFi applications built on it. If they are able to leverage some of the hype, this could pull a much more subdued FTM style move.
Note lines have been drawn on the weekly chart.
WANCHAIN IS READY, LONG.Wanchain is ready to bounce for the long term goal: $10. Look at this beauty. I love this chart.
Wanchain bridges keep getting better, you can now bridge AVAX.
$MOVR farming pair added.
An article about the L2L2 direct bridges of Wanchain has been published
Zookeeper, NFT crafting(two identical NFTs can now be crafted into one NFT with better boost rates) and minting NFTs(new NFT market)
Not financial advice.
-Emrys
Wanchain arc showing bullish patternWanchain following a simple arc formation to an initial test at ATH of $10
WANUSD - 1W - Can WAN hold the channel WAN (Wanchain) seems to be growing into the blue channel since the covid crash (feb/mars 2020)
This weekly close will be really important !!
I'd like to see this closing above the blue channel and above the green box at 0.60$ approx.
The green box was a huge resistance during the bear market and it seems important to me to keep it.
If we close under the blue channel, there are high chances for going lower around 0,30/0,40
Wait for the weekly candle to close and even the monthly one.
Of course this is not only depending on WAN but also on BTC.
WANBTCShort Term Pull back of wave 3
Wave 5 target is $7 which will be around a 1000% gain from bottom
Wanchain/USDT (Wan) The fifth and final wave + 600% - 1000%Best price to buy
1.14$ - 0.88$
Sell
8$ - 9$ At Least
be cerfull
This is the fifth and final wave Before the bear market.
WANUSD - LONGWANCHAIN was a highly anticipated project back in the last bull run of 2017. Since then the project has been very active in the crypto space with new updates and partnerships. On April 15th, the Wanchain Mainnet underwent a hardfork dubbed “Jupiter”. This hardfork makes Wanchain fully compatible with Ethereum. This paves the way for the launch of Wanchain’s highly anticipated Ethereum Layer-2 solution. The “Jupiter” hard fork also gives Wanchain access to popular Ethereum-based tools such as MetaMask.
Also, The decentralized XRP cross-chain bridges connecting XRP Ledger, Wanchain and Ethereum are now live and operational, allowing users to put their XRP to work and engage with the world’s many DeFi applications including WanSwap and ZooKeeper!
WANCHAIN has huge potential to reach its ALL TIME HIGHS and beyond in the coming weeks / months, definitely one to watch.
🔹Disclaimer: This Chart set up is to be used for educational purposes only, this information is not a recommendation to BUY or SELL.
🔹Seek Professional Financial advice if you are going to invest or trade in the FX / CRYPTO Markets.
WAN - Where it is going Two possible outcomes here for wanchain - the upside is possible if it can break through the current resistance zone, otherwise we will most probably see a drop back to support.
''Buy Big Sell BIGGER'' - MegaWhale
Wanchain long tradeWanchain looks ready for a new impulse higher, having it's 5 touch on the trendline. Buy the breakout or wait for the retest.
W Formation on Wanchain!Chart says it all.
Pushing up towards resistance for a potential breakout within the next few hours.
Buy Big Sell BIGGER - Megawhale
Looks like time to long wanchain!A partnership with the State Grid of China is seeing strength return to wanchain. We could see it heading back to ath very soon!
(not financial advice)
Current Situation For WanchainBouncing between support and resistance, looking for a resolution in the next 24-48 hours.
Bullish
- recent partnership announcement
- increased volume
- great fundamentals
- slowly building a strong community
Bearish
- short term traders taking profits
- lack of awareness of the coin (marketing)
- Frustrated investors from the ICO boom who got caught holding bags
Regardless of this short term outcome, when BTC dom drops and money starts flowing into alts - wan will most likely be picked up majorly due to its fundamentals.
Cup forming on WAN/USDRecent partnership announcement might be making people buy the dip at the new support line, causing a potential cup formation before consolidating higher or moving up.
Wanchain: Dead or alive?Wanchain has been hiding in the shadows of the bear market for years, and may be set for a comeback in 2021. Development is still very much active, as recently a new cross-chain AMM DEX (Wanswap) was released, modeled after Uni and Sushi. In terms of transaction speed and fees, it certainly competes with the ethereum-based decentralized exchanges. Both liquidity and volume have shown steady growth since the launch in Nov 2020, but are still very small (current liquidity around 12.000.000 $) . If Wanswap succeeds, this could spark a revived interest in WAN. It could also mean the end of the thus far endless decline of WAN against ETH:
Perhaps this doesn't play out and WAN remains in the margins of CMC, but given the fundamentals, the risk/reward on this lowcap is very solid.
WAN - NEW PARTNERSHIP ANNOUNCEMENT WILL SEND IT TO THE MOONPartnership with one of the biggest names in the game being released this week!
Don't miss this one, after $2.54 there is not much resistance to the ATH
''Buy Big Sell BIGGER'' - MegaWhale
wan price update$WAN - update for all holders 💎 (diamond hands)
Currently, wanchain has tested ( and failed) to break out of the ascending change it has been in since the start of this bull run ($1.60+)
We have seen a small pullback and currently sitting at $1.36. As you can see in the chart below $wan has established itself in a bullish pennant pattern!
There are two possible moves from this point!
Bullish: we break to the top side of the pennant resistance (top red line) - a break here will force a retest of the $1.60 level and will most probably result in a break and run to the $2 range (or very close to it)
Bearish: we break to the downside of the pennant support (bottom red line) - a break here will force a retest of the $1.16-1.18 major support range.
Depending on how bitcoin performs in the next hour will help confirm the market direction of wanchain!
For people who are not in wanchain wait for a break of the resistance pennant line ($1.42-1.44 range) before buying the bull case - or set a buy order at the $1.17-1.18 support
For holders keep a close eye on the charts and set alerts at $1.34usd and $1.44 usd to notify price movements
