Wanchain Starts Gaining Momentum (Over 50% Profits Short-term)

BINANCE:WANBTC   Wanchain / Bitcoin
Recently we looked at Wanchain (WANBTC) on Binance. We saw a chart in a consolidation phase getting ready for a strong impulse move, you can find this chart at the bottom of this post.

Now, Wanchain is gaining momentum, you can tell by looking at the big green volume bar on the lower end of the chart.

This huge volume supports a break above two major resistance levels marked with Exponential Moving Average lines (EMAs).

Those are EMA50 and EMA100. With a close above this level, WANBTC is very likely to test EMA200 and EMA300 next. These resistance levels are marked on the chart above with an Orange and bold Gray lines.

Of course, we are expecting for Wanchain to go even higher... This is a short-term analysis.

Check the chart below for the longer-term version.

Previous analysis | Wanchain Looking Better v Bitcoin , Bullish Altcoin Market Signal

Thanks a lot for reading.

Comment: +26% growth within 6 hours...
Enjoy the profits.
Comment: So far:


(1) 0.0000242 -Reached 21-Aug. (+11%)
(2) 0.0000282 -Reached 21-Aug. (+30%)
(3) 0.0000302 -Reached 23-Aug. (+39%)
(4) 0.0000342 -Reached 23-Aug. (+58%)
Trade closed: target reached: Target reached.

Check the trade idea below for additional targets:
Comment: TARGET

(1) 0.0000242 -Reached 21-Aug. (+11%)
(2) 0.0000282 -Reached 21-Aug. (+30%)
(3) 0.0000302 -Reached 23-Aug. (+39%)
(4) 0.0000342 -Reached 23-Aug. (+58%)
(5) 0.0000372 -Reached 23-Aug. (+71%)
(6) 0.0000392 -Reached 23-Aug. (+81%)
(*) 0.0000414 -Reached 23-Aug. (+91%)
Comment: Just as these altcoins can crash hard... They can also move up.

Lots of room left for growth:
Comment: Going again...
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Thanks Master
+1 Reply
alanmasters sidhabdn
@sidhabdn, :)
hi! you are awesome. i may buy back in now not sure.... ahhh help it does have a lot of room for growth even if it drops hard. ill set a stop loss
alanmasters danasarcona
@danasarcona, Good luck! :)

We buy before the breakout to make it easier for us and more profitable.

All good mate bought back in and got the same coins. I never know when to sell or to buy lol I think now I am going to hold on unless btc starts to going up I might sell with a stop loss. But I think btc is going to go down for a while.
Sold at 492 sats but now stressing I wanna keep this coin long term but would like to build more coins but it doesn't stop probably I stuff up big time?
alanmasters AnthonyManuelDosSantos
@AnthonyManuelDosSantos, You can buy back on a retrace, enter a new trade or just be grateful for your profits and move on.

When to sell mate
alanmasters AnthonyManuelDosSantos
@AnthonyManuelDosSantos, Each time a target is hit.

Look at the magenta lines on the chart, these are the levels at which we sell.
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