WANUSD trade ideas
Wan/USD Rising to Launch PadSymmetric ascending triangle (could also be an ascending channel) could continue all the way to the major $1 resistance - after breaking $1 there should be some FOMO pushing it up to $1.14 fairly quickly.
-Btc running up to ATH
-partnership announcement most likely this quarter
-first btc-eth bridge launched
WAN - BEARISH!!Wanchain is seeing a very bearish pattern playing out - ascending wedge! This pattern is shared with many other altcoins, alongside bitcoin forming a head and shoulder pattern on the 4-hour chart the overall market direction is pointing downward!
I believe we will see downward movement for the remainder of the month before we head back up nearing the later half of the month - could be a great opportunity to load up on some cheaper coins!
As always let me know your thoughts
''Buy Big Sell BIGGER'' - MegaWhale
WANUSD (WANCHAIN) - DAILY ANALYSIS ANALYSIS 🔎
- WANUSD brokeout above the inverse head and shoulders neckline resistance.
- Price hit a swing high and retraced.
- Price is retesting the neckline resistance (flip horizontal support) and key fibonacci retracement levels (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
BUY ENTRY ⬆️
- market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the previous swing low horizontal support level.
AM I THE ONLY ONE SEEING THIS!!!!AM I THE ONLY ONE SEEING THIS!!
Wanchain is about to go parabolic! Grab your bags - next stop the moon
ZOOM IN!!!!
''Buy Big Sell BIGGER'' - MegaWhale
WAN - What to expect A break up over the downward channel resistance line could potentially lead to a push to the $1
Failure to break could result in a drop to the 200 days MA on the four-hour chart before a bounce upward
If you are currently on the sidelines waiting for a break above the channels resistance would be a good buy signal. Otherwise, get ready to purchase some cheaper coins if it drops further! Win WIn
Could we break the channel and avoid a drop to the 200 DAY MA? Yes we definitely could although not likely, keep an eye on the charts and buy the break
Let me know what you all think
''Buy big Sell BIGGER'' - MegaWhale
WAN/USD - Consolidation On 70c SupportAs long as BTC goes up or sideways, we should see a move up to 1 dollar here on wanchain. Most technical indicators suggest a bullish few days.
Next target $1.10 usdMy track record for predicting wanchain price movements have been exceptional! I am expecting another run up breaking us out of this descending wedge and making a run up to $1.10 within the next 24-48hours!
Bullish signals
- Macd crossing
- Broke $0.85 resistance
- BB midline break
- MA golden cross coming
- volume increasing
As always let me know your thoughts
''Buy Big Sell BIGGER'' - MegaWhale
WAN - REBOUND WOW! What a crazy 24hours, the entire market saw a massive pullback as suggested in my previous post! Firstly a massive congratulations to everyone who followed by BTC short post - I hope you all secured profits and were able to grab some discounted coins! I used this opportunity to load up on some more Wanchain!
Guys! Wanchain is looking good right now, we could see a run up to our next resistance line around $0.85area, this will also put us back into the falling wedge formation which we all know is super bullish! We could be back at $1 as soon as early next week!
''Buy Big Sell BIGGER'' - MegaWhale
WAN/USD - Descending Triangle The whole market dropping, expecting wan to drop back down to its 71-74c resistance level.
WAN/USD - Heading down, great time to buy at discountDropping volume, BTC dropping, failed to close above $1.13, continuous drops below $1. Expecting wan to drop back to around 80c-85c~ before moving back up to $1.13. Moving past that $1 resistance should be significantly easier now that we have activated most of the built up sell orders.
If volume and BTC picks up within the next few hours this could be avoided.
WAN - ANOTHER MOVE UPWARDChart says it all (:
Wan in a nice channel heading up to the next resistance at $1.56
Bullish signals
- pennant break
- Higher high
- higher low
- macd crossing
- golden cross incoming
- volume increasing
As always let me know what you think
''Buy Big Sell BIGGER'' - MegaWhale
Wanchain Breaks $1 ResistanceHolding above $1 for the time being. Minor resistance at $1.13 which we have struggled to maintain - big resistance at $1.56. Volume looking nice and fundamentally: with news of partnership about to come this quarter we should see a massive price rise (if it lives up to the hype.
WAN $1 BREAK INCOMINGWAN getting ready to shoot up past $1 major psychological resistance!
Bullish signals
- Break of the pennant
- Macd cross
- MA golden cross
- Ichimoku signals a rise
Overall looking very bullish
As always let me know what you think
''Buy Big Sell Bigger'' - MegaWhale
Wanchain/USD Symmetric triangleFor my own use.
The symmetric triangle on the Wanchain chart, looking for a resolution very soon. Not much resistance past the $1 resistance so should fly up to $1.5 - otherwise, we could see a drop-down for further consolidation at the $0.70 level.
However with the on going bull run and news of partnership I think we will see a bullish result.
WAN - $1.50 NEXT MOVEWanchain has just finished a slight retracement after its initial run to $1, with a golden cross coming and momentum-swinging upward as well as a pennant break there is a good chance we will see a run up fast $1 and to the next resistance of $1.54.
As always let me know your thoughts
''Buy Big Sell Bigger'' - MegaWhale
WAN - RETESTING AND BREAKING ABOVE $1Wanchain has made some impressive moves in the last week but the run is far from over - we can see the price found resistance at the major $1 psychological resistance and has since pulled back - we are about to see another move upward breaking us through this resistance and heading up to $1.56
''Buy Big Sell BIGGER'' - MegaWhale
