coinauthority_official

WANCHAIN/BTC ANALYSIS ON THE NEW YEAR :D

Long
BINANCE:WANBTC   Wanchain / Bitcoin
Sharing my thoughts on wanchain bitcoin but before reading this, please keep in mind that this in not a financial advise but my personal opinion on the future prices of this coin. Wanchain is an ethereum fork that s supposed to do everything that ethereum does and even more. Interoperablity and ring signatures are some of the key highlights of the coin. Coming to the pricing, it's moving same as rest of the coins due to the decline n the price of bitcoin. Back in May 2018, the coin did almost a 17x in terms of USD and now its trading at $0.35 which is a 965 decline in the prices. Sounds crazy, right? Coming to the technical part, the price has been constantly declining against BTC and right now it's showing a bullish divergence on D1 time frame and also forming up a double bottom pattern. If bitcoin remains stable, I'm expecting huge gain from this coin in 2019. DYOR and trade wisely!

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