Hi everyone!
WAN recently broke free of a bearish channel. It had hit a 1.618 based on fib extensions, too.
Currently it is in a new rising channel.
I think that now is a great time to buy when it is 530 sats or less approximately.
There is a lot of bullish fundamental news for WAN next month and into the summer, and the rest of this year in fact.
30th of June or earlier: New Blockchain bridge shall be unveiled
30th of June or earlier: POS Alpha Testenet Launch
30th of June or earlier:Wallet UX/UI Update
30th of June or earlier: New ERC 20 Integrations
30th of June or earlier: POS Beta Testnet Launch
So, with the setup that we have now in the rising channel, I am hoping that we get a swing trade or two from the bottom to the top of it until it breaks out and perhaps forms a head to an inverse head and shoulders. Hopefully these fundamentals confirm technicals.
Let's hope WAN has bottomed and we are about to enter a new market cycle!
WAN recently broke free of a bearish channel. It had hit a 1.618 based on fib extensions, too.
Currently it is in a new rising channel.
I think that now is a great time to buy when it is 530 sats or less approximately.
There is a lot of bullish fundamental news for WAN next month and into the summer, and the rest of this year in fact.
30th of June or earlier: New Blockchain bridge shall be unveiled
30th of June or earlier: POS Alpha Testenet Launch
30th of June or earlier:Wallet UX/UI Update
30th of June or earlier: New ERC 20 Integrations
30th of June or earlier: POS Beta Testnet Launch
So, with the setup that we have now in the rising channel, I am hoping that we get a swing trade or two from the bottom to the top of it until it breaks out and perhaps forms a head to an inverse head and shoulders. Hopefully these fundamentals confirm technicals.
Let's hope WAN has bottomed and we are about to enter a new market cycle!
Comment:
This isn't advice to buy or sell, always use a stop/loss!
Trade closed: stop reached:
My stop/loss went off.
This was a bear flag unfortunately. Hence the name of this idea, wishful thinking. This could have been viewed as a bear flag in addition to a bullish channel. Oh well.
This was a bear flag unfortunately. Hence the name of this idea, wishful thinking. This could have been viewed as a bear flag in addition to a bullish channel. Oh well.