Wan
Wanchain may have found its bottomFor those who missed out on #Wanchain, we are at all time lows with a good r/r set up. Bollinger bands W-bottom on the 1D with SMI divergence. Might be time to finally pick up some $WAN. Short term targets 4100 sats and 4800 sats. Don't forget to have your stops (3200 sats).
Wancoin (WAN) Trade on Binance (100% Profits Potential)Wancoin (WAN) started a month long rally on early April, reached its climax at the beginning of May and later shook off all gains to finally reach "bottom".
Looking at the chart today, if WAN holds above the 5300 satoshis level, another run can start and good profits realized. With several major events coming up for Wancoin (WAN), we can expect another move in the next 2-3 weeks. We are going for very low risk, and very high rewards...
Wancoin (WAN) upcoming events:
-> Wanchain 2.0 - 30 June.
-> Mainnet celebration - 7 July.
Wancoin / Wanchain (WAN) Trade by Alan Masters
TRADE INSTRUCTIONS
Buy up: Up to 0.0005800
Wancoin Targets:
(1) 0.000609
(2) 0.000657
(3) 0.000737
(4) 0.000802
(5) 0.000866
(6) 0.000958
(7) 0.001075
(8) 0.001204
Stop loss: 0.0004750
Note: If WAN goes down lower before going up the possibilities are really high that it will bounce back up strong fast, for this reason the stop loss is optional for this trade. Patience is key.
Capital allocation: 5%.
Time frame: 1-3 weeks.
Note: Time frame is the expected time necessary for this trade to develop. This is not exact and can change according to market conditions. Use it as reference.
Trade strategy: Aim for at least 20-30%+ profits.
Namaste.
WANETH bottom is inGoing to go out on a ledge here and say bottom is in for the WAN/ETH pair.
This is a long term hold. Take profits target 1 is $34.
$Wanchain $WAN Potential Double BottomWanchain
Looking auto ur highest & only timeframe we see price was respecting beautiful downtrend, only to be recently broken and tested for support. Stochastic RSI showing momentum us heading towards the downside. If price holds at this level a small buy will be taken.
WAN 8 HR CHARTWAN is traveling slowly upward along the violet ascending trend line. WAN has strong FA, but nothing major coming for a few months. Profvided that the crypto market remains relatively stable or bullish, and as long as WAN fundamentals don't change drastically, I see a slow climb over the next several to the next 2 fib levels as per the above chart.
WAN, WANBTC - Ready to Break Out?WAN, WANBTC had a very nice runup till the beginning of May and since then retraced all the way back to the .786 level and it's now in a big channel.
If we manage to break out of this channel from here then we're looking to make an inverse head & shoulder pattern with the break at around 6585 satoshis of the neckline.
In the chart above you see my EW count of the next impulse wave up if WANBTC manages to keep recovering.
Leave a comment if you have any questions.
Like the post, if you liked it and share it if you loved it. This is for good karma.
And until next time, good luck with your trading!
Disclaimer
This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
USDCAD Long (.618 fib and 800 EMA)Looking at a potential long set up for USDCAD. Our .618 fibonacci retracement level lines up perfectly with the 800 EMA (which we treat as support and resistance). In this scenario, the 800 EMA is our support level or our "floor".
Running a 50 pip take profit and a 30 pip stop loss. Typically, I recommend 0.01 per $100 in your account. But of course use this information as an educational source.
As always, let's eat.
WANCHAIN/Bitcoin BREAKOUT?On the Hourly I see Wanchain forming an ascending triangle pattern, we have also retraced to the 0.618 gib level, the golden ration,combining this with the fact we have become oversold on the daily I believe we could see a breakout soon. using fibbonacci and support and resistance I have mapped out some sell areas where, if we see a breakout, the trend could reverse to bearish. This would provide investors with possible levels to sell a percentage of their position and buy back in at a lower price to increase position size.The red bars mark high confidence sell areas, and the orange box marks an area of resistance but where I could not determine a specific sell target. Again, when we reach these sell areas, we will need to zoom in and look at price action and RSI to help determine if a retracemement will indeed occur at one of these levels or not. If this breakout fails, and we fall lower, I will not be selling but instead adding more to my position, however I do not see this as likely.
WAN quick profit (2-5%)Wan has reached "bottom" and bounced (thanks to BTC). Now we are slowly moving up and down inside a small triangle.
I expect WAN to bounce back from triangle bottom and go to 6180 (+2%), than 6280 (+4%) and if we are lucky and Bitcoin doesn't fall - to 6350 (+5%) where important fibonacci level will hold it for a while. Than we'll see.
Check out 4H chart for the global picture.
P.S. If you like my analysis please push "agree" button. I live on it =)
*UPDATE* WANchain ew COUNT adjusted- is the C-wave in?*UPDATE* 5/27/18
- EW has been adjusted slightly
- dump in progress and currently in our buy zone.
- the C-wave could be in right now, but could go as low as 5300 before we make an attempt at a big bounce
- Just a reminder that BTC runs the show, so all trades are fairly risky in the current environment of bitcoin so please keep that in mind and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
*UPDATE* WANchain ew COUNT...HnS playing out- Head and shoulders currently playing out as WAN is continuing to follow BTC price action
- looks like we're still trying to complete the C wave before we see some definitely positive movement
- RSI and Stoch RSI primed and ready for a bull run
- will set some more buy orders ~5700-5300 as I still see this project being massively undervalued at the moment
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*






















