Backed by good news about partnering of 2 Wanchain projects, the coin is supposed to return to its previous level in the short terms. Another good point which is good for Wanchain is the upcoming release of 3.0 Alpha Testnet (Bridging Bitcoin & Ethereum). This launch will allow any Ethereum-based project to integrate with Bitcoin via Wanchain.
Analyzing the bar chart, one can say that support line is at the level of 0.0001200. Whereas the resistance is at o.ooo2oo. At the moment buyers could not break through the strong resistance and dynamic protection for 2000 according to 12345 Elliott waves. Optimally look at purchases from the area of 1700 satoshi. And even better when updating the minimum. It is also possible the formation of a new zone of the buyer, but so far this is not.
The previous example have showed us that if Bitcoin market is bullish, altcoins and Wanchain is not the exception from this rule are growing even more in price.
Analyzing the bar chart, one can say that support line is at the level of 0.0001200. Whereas the resistance is at o.ooo2oo. At the moment buyers could not break through the strong resistance and dynamic protection for 2000 according to 12345 Elliott waves. Optimally look at purchases from the area of 1700 satoshi. And even better when updating the minimum. It is also possible the formation of a new zone of the buyer, but so far this is not.
The previous example have showed us that if Bitcoin market is bullish, altcoins and Wanchain is not the exception from this rule are growing even more in price.