I'm not professional trader, but i would like to share my thoughts to. 1. We now on down trend. 2. yesterdays news about 6 ICO's on WAN network was virtually with no impact to the price and we further in down trend. 3. Cripto love to retrace a lot. I think if next 4h candle closes below 0.382 we will go down to 0.618 region. 4. This will complete ABC...
I'm not professional trader, but i would like to share my thoughts to. 1. We now on down trend. 2. yesterdays news about 6 ICO's on WAN network was virtually with no impact to the price and we further in down trend. 3. Cripto love to retrace a lot. I think if next 4h candle closes below 0.382 we will go down to 0.618 region. 4. This will complete ABC...
Wan at a crucial stage. - Sitting on the .382 (first stop) - Volume hasn't increased which is a bit worrying - Indicators arn't showing and real structure -If it does break the .382 we will most likely see it go to the .618 fib - For me this is a watch and act. If i can get some bullish structure in price and indicators then i may consider this trade Don't...
If bullish it will likely run for as long as btc lets it.... if bearish it will likely bounce off the 4 hr lower bollinger band or 4 hr 55 ema for a quick profitable flip at the very least
alot of exiting stuff is coming for wanchain - dont belive the hype dyor and enjoy the ride upcoming event : twitter.com The first 6 dapps on the wide area network are coming :) educational : stockcharts.com
WAN is a monster. It's in a clear uptrend right now. Fundamentally. this is blowing past a billion dollar market cap and will have an extraordinary year for many reasons: - It's use cases are going to give it mass adoption - It's part of an alliance with two other companies that will complement each other effectively: 1. AION/BTC; www.tradingview.com 2....
Possible head and shoulders pattern that says we will go down(
Obvious Head and Shoulders Reversal pattern close to fruition. Be mindful. If it is completed, then drawback to original trend.
Possible progress of WAN. I think that a correction will be end about a beginning of 5 wave because 5 wave was longer then others, also we can see hidden bullish diver, that says we will go up, but I think it is not the end of a correction, but it is just only idea =)
The volume has dropped almost 50% from its highest trading volume point. In addition we have to remember that on this run up, all that buying pressure wasn't purely to hold. We can expect some profit taking as well to the fib levels. There will likely be one last bull trap, where new community members get minted before heading down. WAN still has to find it's true...
The parabola is broken, I think that we're going to have a bull trap in the Reload sell zone (61.8-78.6%). The top has been found.
Wanchain a community favorite along the lines of Aion, Wanchain, and Icon. It looks like a solid consolidation and steady growth building support. Looks like after it hit the exchanges lots of people are still holding onto this asset. Don't forget their Blockchain Interoperability Alliance, a shared goal of promoting interconnectivity between the isolated...
Not a bad place to start taking some profits. MACD and RSI showing signs of bearish divergence. Im looking to set buds on the .618 fib.
My last WanChain update hit it absolutely on the head. And I am saying the same thing again. Congratulations for those who are taking profit or looking to take profit. WanChain needs to reset briefly before continuing. Like a runner needs to reset before his next race. I'm going to leave the talking to a minimum. -WanChain has conducted a fifth wave...
Wan finished the previous chart so here is the re-scale - Resistance/support on the arcs and fib rays
Could bounce from the 50% Fib retrace soon
Have a Look at the BUY Zone, a Short Term BUY Entry can be considered. Not a Financial Advice. DYOR