Spacepeso
Long

WANBTC, nice 30% swing potential

BINANCE:WANBTC   Wanchain / Bitcoin
Hello fellow traders! Welcome to Spacepeso's third chart! Lets dive right into it.

WAN made a nice 70% run in this small alt cycle. It retraced hard back to 650 area and that is where I will enter my trade. All depends on btc , a big btc move could drop WAN hard so its always risky in the crypto space.WANBTC made a new low and seems to have found bottom after a 50% drop .

Measured move indicates to me that we might have a nice 20-30% upward move.

Stoploss i set just below that red line.

My target is just below that area where we see a lot of locked up capital. Which often acts as resistance. Bullish target is the top of the previous accumulation range.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out