Priceline of Wanchain / Bitcoin cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00002447 to 0.00002387
Sell between: 0.00002591 to 0.00002805
As $BTCUSD continues to stagnate between $8400-$8600 resistance zones; pursuant to that key pivotal resistance of $13.6K; or another massive selloff dreading us toward the $6-8K range a conjecture formed around the 200 MACD read my Linkdin article for LONG update but I digress...a lot of mixed signals in what was undoubtedly an eventful week news wise.
On a more...
Wan/btc seeing a great breakout from this wedge forming the last few weeks, being matched with a good increase in volume also providing us confirmation of this movement. Our New support sits at 2600 sats while short term resistance sits at 2900-3000 sats & midterm resistance around the 4000-4200 sats zone. Depending on market conditions(bitcoin volatility), we are...
WAN/BTC is about to go down and here is why:
We have the A move to the 0.786 fib level and the price was rejected really fast. As you can see on the chart, the price touched the 0.618 golden ratio and the price went back down.
When the price hit the 0.786 fib level, I was interested at first, but then,I have seen that the price is below MA100 and I have changed...
By the grace of Allah the most high after my previous successful gartley chart of WANBTC :
Now the Priceline of Wanchain / Bitcoin has formed another harmonic Shark pattern.
Volume profile is showing less interest of traders at this area.
Priceline of Wanchain / Bitcoin cryptocurrency has formed a bullish gartley pattern and entered in potential reversal zone.
We have 25 simple moving average support within the PRZ area and a goden cross formation between 50MA and 100MA beneath the potential reversal zone which can help the price action to take bullish divergence from here.
I have used Fibonacci...
Priceline of Wanchain / Bitcoin cryptocurrency is forming a bullish cypher pattern soon it will be entered in potential reversal zone.
MACD is strong bearish.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.00004293 to 0.00004024
Sell between: 0.00004507 to 0.00005018
Atif Akbar (moon333)
This one used to be my favorite back then.
Fundamental side, WAN Chain is pretty much a bunch of good people made a pretty good team at the moment, if you look at their twitter account they are sometimes reveal they activity in the process of developing WAN. I love this part, it makes me closer and can see clearly what people's do, how they do, where they do and...
After a big move up, WAN is consolidating before making a cup and handle pattern to break the resistance area. It should keep consolidating within the purple box, the box can also be used as a buy zone. A succesfull retest of the 0.618 Fib would also launch WAN to retest the 0.0001280 area, but a 1 day candle closing under it would mean a test of...