BINANCE:WANBTC   Wanchain / Bitcoin
Looking at WAN on the 4h chart

* Price currently in the buy zone
* Price sitting towards the POC
* Big hole in VPVR which suggests that price needs to go up to fill in the hole (over time)
* OBV very healthy and people have been accumulating
* Histogram is still in divergence
* Willy is kind of in no mans land
* RSI is over sold

Looking at WAN trading sideways for half a year shows me that people have been accumulating this asset, OBV also shows me that money has been coming in and people have been accumulating, VPVR shows me that price wants to go higher and fill in the big hole we have up top.

Remember not to blow yourselves up on any one trade. My moto is "I plan my trade and trade my plan"

Comments

Excellent spot on the gap in the RLZ! Eagle eyes.
+1 Reply
@AndyTheKing, Cheers mate!
Reply
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