It seems that this dip was caused by the futures expiry tomorrow which makes it perfectly healthy as the last three expiries have seen a similar dip. Notable: - Short term volume Rising - Nice resistance support flip - Whales look like they are going to be unable to short to 44k on futures expiry - If it follows pattern of the last two futures expiries we should...
Testing this resistance again - the more we test the more likely it will break. Hoping to break over and get a nice resistance support flip before tracking up to the recent high before the end of the month. -dependant on how BTC performs -have not surpassed this resistance since the initial February drop -not much resistance until the recent high after this...
Self explanitory
Self explanatory
Symmetric 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
Tesla has finally started to drop towards a fair value, which is unexpected considering recent hype around Elon Musk. The price should continue to drop until reaching the buy zone which is fairly strong support for Tesla - that is, of course, if Elon fails to create hype overnight which will send it to the moon (haha, anything is possible with this guy!).
Expecting a bounce up the 52k
As 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.
Expecting some short term gains with the new relief package but after that, we could see a mild-large correction between 15%-30% due to potential uncertainty in investor sentiment caused by debt, covid, unemployment and fears of an overvalued market. This is highly speculative as many external factors could change whether we fall out of this ascending channel.
The lower BTC dominance gets the more money that flows into altcoins - Altseason incoming by the end of this year.
The whole market dropping, expecting wan to drop back down to its 71-74c resistance level.
Dropping 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.
Yesterday we saw a break out from a week-long consolidation on EOS, with volume growing, we could see a 10% move upwards and over the resistance within the next 24 hours.
Holding 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.