WANUSDT trade ideas
WAN Up 8% from PreliminaryI hijacked Wanchain's rally yesterday by jumping in at the 1.0% Fibonacci retest after it had already marked up. I slipped in with .9480 preliminary and collected a solid 8% return since then. Not bad for the first day of the swing. Prognosis: Wanchain is expected to continue to climb after perfunctory corrections. Look for the standard reconsolidations along the 1.272 and/or .618 levels.
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WAN$WAN breakout 0.50 cents low risk and upward exit
Falling below the red marker zone and failure to maintain the zone of the lower band of the diamond equals to looking for support on the fibo at 0.4500
holding the 0.618fib (orange)
will test the higher zone for an upward breakout
Bitcoin needs to help with this, on it chart above
VC indicator, voluemn shows that the consolidation is moving towards increased volume.
On the daily chart we have the Evening Star, so this is a difficult pattern to beat which is why I see a diamond formation there with a 50/50 breakout
I have set levels to make it easier to discern the trend.
WAN pushing to new highsHello Friends,
Since End of April / beginning of May, WAN is slowly creeping up and is looking for new highs!
Target 1: 2.63 $
Target 2: 2.99 $
Target 3: 3.50 $
Target 4: 4.16 $
Side Notes: i think in the next days we will see some strong moves to the first 2 targets, a lil retracement near t1 and up to new highs
Dont forget to like :)
Enjoy
Br Dom
WANusdt Buy Hello traders!
Wan has formed a bullish engulfing pattern near the support area it means it was the final checkpoint of the bears now Wan is ready to break multiple bearish resistance and will make new highs. The new high will touch the trending line of previous highs. This pattern is also called expanding triangle.
Target at the top will give 70% gains of the investment.
Don't forget to hit the like button and follow to stay connected.
Wanchain to hit $3 very soonWanchain has announced its highly anticipated hard fork happening on April 15, which will provide full Ethereum integration. This comes after a couple of weeks packed with exciting news for Wanchain, from the partnership with top Global Fortune 500 company State Grid China to the launch of NFTs on the Wanchain ecosystem, to the imminent XRP and DOT integration. The fork and the other highly positive news will inevitably reinforce the already bullish pattern that Wanchain is on. We envision two possible scenarios for WAN: a parabolic growth which will take it to the $3 range around April 12, or a break out of the bullish pennant with a subsequent small correction resting on the previous resistance line as support, to reach the $3 range around April 15-16. This is not financial advice.