It has moved up again, losing support and hitting a very important static range
The currency is expected to move positively in the coming days and move towards the goals specified in the chart
According to the chart, the predicted scenario is currently similar to a pullback and is expected to react to the drawn trend again if it is realized.
With the loss of trend support, the correction has deepened, and given the current situation, any return to this range will be considered merely a pullback.
As long as the price is below the higher range, it is not suitable for buying and buying it will carry risks
If you have bought this currency or already have it in your basket, you can keep it with...
We have a strong volume breakout today and Wanchain (WANBTC) is waking up from its low... A higher low at that.
This is a long-term chart... It can take months to fully develop but the projection is very clear.
After a new ATL (All-Time Low), WANBTC went ahead to print 444% bullish wave.
Then, prices entered the correction mode and everything went...
Wanchain is a decentralised blockchain interoperability solution provider and they are working hard and having many upgrades ahead. Technically WAN on horizontal support on 1D timeframe and looking good. Buy now for quick gain in short term.
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Given the previous wave structure, one can expect the price to stabilize above $ 1.60
Given that a very important resistance range is around $ 2, buying at current prices is risky and not appropriate.
If the mentioned resistance is passed, the analysis will be updated
Bouncing between support and resistance, looking for a resolution in the next 24-48 hours.
- recent partnership announcement
- increased volume
- great fundamentals
- slowly building a strong community
- short term traders taking profits
- lack of awareness of the coin (marketing)
- Frustrated investors from the ICO boom who got caught holding...
Here we see our WAN 3 day chart and as you see we pushed right through the 3 day Ichimoku Cloud - and have in fact wicked inside the Weekly Ichimoku, This looks good to go to the .236 fib near 26000 , but of course it's hard to say how fast it happens . You see the bright blue arrow on the chart ? That is where a possible Kumo Breakout will happen soon - as that...
- Wan Btc looks ready to leave the accumulation station..
- Breakout from the Gann fan 1/1 extension is coming..
- Breakout from the faling wedge pattern is also coming..
- The red lines are mathematical fib. levels ploted as possible price targets..