OliverTA

Wanchain eyeing at new breakout !! BULLISH

Long
OliverTA Updated   
BINANCE:WANBTC   Wanchain / Bitcoin
Wanchain is about to breakout again - lets check.

2Weeks ago Wanchain started with a Volume spike to breakout and reached 1300 sats - it was even able to break some resistente Level (like 1200 sats). After this one we saw a strong retracement - but right now our support at 960 sats is holding very well and bears wasn't able to break it.

Supportlevel: 960
Resistance to break: 1050, 1200, 1300

Volumed went very low - this is pretty good for Bulls 'cause Bears stopped dumping and our Support hold strong.
With RSI turning bullish in 6h and 12h, the ABC-Correction being over, we can see and expect some upmovements in the coming week. Keep an eye on the Volume, it could spike anytime soon again and pump to new High!


BUY: 0.0000970 – 0.00001010

TARGETS:

(1) 0.00001050
(2) 0.0001150
(3) 0.0001200
(4) 0.0001350
(5) 0.0001500

Looking really good right now.
Comment:
Wan did a full retrace.
Trade still active.
Trade closed: stop reached
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