For 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).
Only 3 ways the market can go. Here are the supports and resistance I am watching.
Wanchain WANBTC High R:R Mid 2018 BINANCE:WANBTC
once we are north of previos support (now resistance)... maybe we will have a nice ride up on 21EMA/4h...
We can see a bullish divergence forming, as well as a 100% retracement with great news in the near future. This is a great setup, in which I will be selling in the red boxes and buying in the green. This is a coin that can move very quickly, so dont forget to take profits. While it can clearly go higher than my highest red box I am looking to get out earlier.
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...
Hi All, Hope your trades are going well. WANBTC Is approaching critical buy zone, if There is no support I can see WANBTC Hitting 0.0004371 BTC in the coming hours. Play safe people, and if this does help you please hit that like.
We are approaching what I think to be a good entry point ROUGHLY 5750 Satoshi. We want to enter as close to the ascending trend line as possible after confirming bullishness. There are many technical ways to confirm bullishness, but the simplest way is to see a sustained bounce off of the line accompanied by bullish indicators.
WAN 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 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...
BTC is trying to keep it down, but another inverse HnS is forming right now. Also big bullish divergence on the MACD as well the RSI. I expect a breakout soon unless BTC goes down, but BTC is looking good atm.
Wan has been in bear market more than 3 months and finally break out of channel up. We have to watch WAN very closely because volume increased and RSI on 1d chart formed nice double bottom. CCI indicator is turning into the green . Wan has minor resistence around 63k sats but if market continues to be bullish and we dont fall with bitcoin back to panic sell than...
Double bottom divergence on the RSI and oscillators. WAN bounced neat at the 0.236 fib and is now sitting against the 0.382 fib. Also a HnS is forming. If BTC stays stable/goes up the HnS may play out. This is NOT a trading advice. Trading is on your own risk.