WANBTC has been in a long downward channel since May. Reasons for bull: 1. Recently broke down out of channel, on high volume --> capitulation 2. Approaching ICO price, limited downside expected (decent project).
Let's watch for bullish reversal.
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- Bottom indeed confirmed. Accumulating now. - Bullish reversal confirmed after breakout of 2k swing high from September
Looking ugly.
Price discovery phase at downside