Wanchain (WANBTC) Chart Analysis
Let’s start with the long term chart, simple and straight forward:
Last weekly candle closed in a Doji, reversal signal.
New all-time low for the Doji candlestick.
Above average volume.
Market sentiment changing from bearish to bullish.
When we look at it shorter term we have all the...
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Actually, low prices in satoshi, would buy and keep.
Target's are market.
SMA 100 / 200 cross is in coming weeks.
Retest of the range low, turned into resistance (R1), from there we saw a sell-off.
For those thinking of knife-catching, I would advise much caution. We don't know exactly where the bottom is, better let others catch the knife, and buy the retest.
$WAN Another Alt trapped in a descending channel...
For now I dont see volume/ signals of bouncing...
For now place alerts for when this channel is break to the upside (look for volume...)
45% down since the UCTS sell signal on the daily...
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Fundamental side, WAN Chain is pretty much a bunch of good people made a pretty good team at the moment, if you look at their twitter account they are sometimes reveal they activity in the process of developing WAN. I love this part, it makes me closer and can see clearly what people's do, how they do, where they do and...
$WAN On price discovery for a new support after breaking down ATL BTC Support
Currently over 34% down since the UCTS Sell signal on the daily chart
Potential support (with help of Fib Retracement levels) can be expected at around 6k sats..
I will update as I see changes
$WAN Entering ATL range with a potential Falling wedge in play...
Accumulating under ~832sats seems to be a good entry for the upcoming days/weeks..
UCTS Buy signal on the 6H chart
Stoch under 20
I expect a little more pain till bounce reversal
UCTS Buy signal on the 1D (27% up)
Sitting over EMA100, breaking above ~1080sats could unleash it
Volume decreased but is still considerable
~940sats acting as support.
ABCD bull pattern
Set alerts if Volume appear!