Pretty new at this so go easy... It looks to me like a Head and Shoulders pattern formed on the hourly chart and the price has dropped below the 50MA and 20EMA but remains just above the 9MA. Along side this over on the 4 hourly chart a bear flag is forming. Price strength confirmation and previous resistance found at the 0.618 fib level at 64500 sat looks to...
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...
As one of the first to start charting this here, lets celebrate...... $wan is on a amazing run as predicted, with still 3 days before the meeting,the hype is un real. $WAN is in a no trade zone because hype, would hate to short and be sitting on side line. Honestly I did at beginning of run and got #REKT leaving me in a high risk reward situation fighting...
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.
Wan is currently oversold and RSI, MOMENTUM, AND STOCH divergence is showing a drop is imminent. An ABC correction to test the EMA is anticipated. A doji followed by a forming hang man candle is present,but there's still time left for the candle to form something else. Green box near 0.618 fib is first target. If that breaks, 0.5 fib, then 56k satoshi range near...
Showing no signs of turning just yet from a traders perspective. Thoughts welcomed.
Have a Look at the BUY Zone, a Short Term BUY Entry can be considered. Not a Financial Advice. DYOR
WAN has seemed to have run out of steam. As you can see RSI is showing Bearish Divergence, Volume is starting to wind down and we have multiple FAILED attempts to break that resistance level. Here's a Fib Retrace on the 1 hr with some Support/Resistance levels slapped on. I plan on scaling back in sometime next week. Happy Trading!!!
This baby is very strong fundamentally, check the project :D and price is looking very nice imo for a long shot. let'see ! :D
For me WAN is the best coin of 2018. I was looking suitable place to buy. We have Cup&Handle formation. I will get in after break out. Anyway lets grab some coffe :)
Hey everyone, More in depth chart above ^^^^^^ So it looks like BTC -4.23% -4.21% had very harsh sell volume kick in at the 61.8 fib region of the previous downleg. Unfortunately, 7150 was already a big resistance zone. Now it has even more resistance. - I spot this leg to be an ABC upwards, with a very slim chart of it actually being a 5 wave impulse...
Wan Chain has steadily shown integrity in a difficult market. Strong coin this one.
Risk is a profit why? So it very simple, WAN look very good, how you can see. Only add to your trade narrow stop loss, because in this chart I see big possible for nice profit, but WAN can go down too of course. Stop loss - 45 500 Target 1 - 52 000 Target 2 - 56 000
-Wanchain 3rd wave complete. -5th wave always uncertain, but fomo is strong. Bad setup for new trades right here. -MacD dangerous, RSI is looking like it has had 3-4 elliot waves down. A full reset would have it have one more fifth wave down and move sideways. This would be a good confirmation signal. -Bouncing of EMA -Has run hard and quickly, wave 2...
The concept behind the flag and pennant patterns is that the momentum seen during the flag pole phase could continue once the pattern completes. Therefore, measure the size of the flag pole, then add that length to the bottom of the flag/pennant for bullish patterns. Lets see how does WAN respect TA :) Sell price target: 0.00059782 TBH, I wouldn't be...
I moved into WAN yesterday and have been waiting for a little breakout. It looks to be forming a cup and handle on the 4hr and on the 1hr we have a nice little break above the EMA's. I'm expecting more volume to pick up this evening. Those 2 resistance points are my target profit zones.
WAN is probably the best buy in the crypto market right now. Wan has the potential of having a over a 7 billion dollar market cap. It is also acting as an incubator and will have ico's coming out under the WAN platform. Also, Wan is only listed on binance at the moment. I can see this getting listed on upbit, and many other major korean and asian exchanges. ...